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CVS Pharmacy 175 E 4th St 10,125 SF Retail Building Dunkirk, NY 14048 $4,512,634 CAD ($445.69 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Tenant has operated at this location since 1998 and demonstrated strong commitment by signing a 25-year lease extension in 2014.
Limited Competition: The nearest CVS is 20 miles away, providing a strong competitive moat and consistent customer capture.

Located just minutes from the university, benefiting from steady student, faculty, and visitor traffic.
Robust Surrounding Retail Corridor: Area retailers include Walmart, Tim Hortons, Arby’s, Denny’s, and other national brands, reinforcing the strength

EXECUTIVE SUMMARY

Introducing 175 East 4th St | Dunkirk, NY 14048, a prime investment opportunity offered at $3,243,000 with a strong 6.5% CAP rate. Anchored by a long-term tenant with a lease until 2039, this property boasts an annual rent of $210,800 and consistent 5% increases. The 10,125 SF building on 0.83 acres is located strategically near SUNY Fredonia, ensuring steady traffic flow from students and faculty. Noteworthy for its limited competition, the property benefits from being the closest retail option for miles, securing a loyal customer base. Surrounded by national brands like Walmart and Denny's, 175 East 4th St is part of a bustling retail corridor, further strengthening its investment appeal. With robust demographics showing a steady population and household base within a 5-mile radius, this property presents a lucrative opportunity for investors seeking a stable income stream and long-term growth potential.

175 EAST 4TH ST, DUNKIRK NY (2) (1)

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Drug Store

Building Size

10,125 SF

Building Class

Year Built

1998

Price

$4,512,634 CAD

Price Per SF

$445.69 CAD

Cap Rate

6.50%

NOI

$293,328 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.28

Lot Size

0.83 AC

Opportunity Zone

Yes

Zoning

Frontage

226’ on E 4th Street

Signage

Drive Thru

MAJOR TENANTS

Retailer
-
$28.97 CAD
Double Net
Jan 2039

CVS Health construit un monde de santé autour de chaque consommateur. Leur portée inégalée leur permet d'offrir des soins de santé abordables et de haute qualité au moment et de la manière dont les individus le souhaitent. Ils ont pour mission d'offrir des expériences supérieures et plus connectées, de réduire le coût des soins et d'améliorer la santé et le bien-être des personnes qu'ils servent. En tant que chef de file dans le domaine des solutions de santé, elle offre de multiples canaux d'accès aux soins de santé à l'échelle locale et nationale. Leur forte présence communautaire, leur approche avant-garDISTE et leur engagement inégalé auprès de millions de personnes leur permettent de fournir des soins de santé de haute qualité, personnalisés et abordables. Guidé par son objectif, CVS Health® construit un monde entier de soins de santé autour de chaque personne qu'elle sert, peu importe où elle se trouve dans son parcours. Ils écoutent, font preuve d'empathie et offrent des solutions novatrices qui répondent aux besoins uniques des gens et gagnent leur fidélité. Parce que la façon dont ils fournissent leurs services est tout aussi importante que ce qu'ils fournissent.