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Faits saillants de l'investissement
- Absolute triple-net (NNN) lease with zero landlord responsibilities Corporate guarantee by 7-Eleven, Inc.
- Dense surrounding residential base with 14,000+ residents within 1 mile
- Approximately 4.8 years remaining on the lease term
Résumé de l'annonce
Marcus & Millichap is pleased to exclusively present the opportunity to acquire a single-tenant 7-Eleven convenience store located
at 2078 Niagara Street in Buffalo, New York. The subject property is secured by a corporate guarantee from 7-Eleven, Inc. and is
leased on an absolute triple-net (NNN) basis, providing investors with predictable cash flow and zero landlord responsibilities.
The freestanding retail building was constructed in 1985 and contains approximately 3,486 rentable square feet. The lease has
approximately 4.8 years remaining, offering near-term income stability with future optionality upon expiration. Under the absolute
NNN structure, the tenant is responsible for all operating expenses, including taxes, insurance, and maintenance.
The property is strategically positioned along Niagara Street, a primary north–south arterial serving Buffalo’s West Side. The
location benefits from strong visibility, consistent commuter traffic, and immediate access to dense surrounding residential
neighborhoods that support daily-use retail demand.
The immediate trade area is supported by approximately 14,000+ residents within a one-mile radius, with the broader five-mile
population exceeding 250,000 residents. The necessity-based nature of the convenience retail sector, combined with an infill
urban location, supports long-term tenant viability and durable cash flow.
This offering represents an opportunity to acquire a credit-tenant net lease asset with minimal management requirements in a
stable urban market
at 2078 Niagara Street in Buffalo, New York. The subject property is secured by a corporate guarantee from 7-Eleven, Inc. and is
leased on an absolute triple-net (NNN) basis, providing investors with predictable cash flow and zero landlord responsibilities.
The freestanding retail building was constructed in 1985 and contains approximately 3,486 rentable square feet. The lease has
approximately 4.8 years remaining, offering near-term income stability with future optionality upon expiration. Under the absolute
NNN structure, the tenant is responsible for all operating expenses, including taxes, insurance, and maintenance.
The property is strategically positioned along Niagara Street, a primary north–south arterial serving Buffalo’s West Side. The
location benefits from strong visibility, consistent commuter traffic, and immediate access to dense surrounding residential
neighborhoods that support daily-use retail demand.
The immediate trade area is supported by approximately 14,000+ residents within a one-mile radius, with the broader five-mile
population exceeding 250,000 residents. The necessity-based nature of the convenience retail sector, combined with an infill
urban location, supports long-term tenant viability and durable cash flow.
This offering represents an opportunity to acquire a credit-tenant net lease asset with minimal management requirements in a
stable urban market
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Dépanneur
Taille du bâtiment
3 486 pi²
Classe d’immeuble
C
Année de construction
1985
Revenu net d’exploitation
72 316 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Taille du lot
0,41 AC
Zonage
N-2C - Commercial
Stationnement
22 places (6,31 places par 1 000 pi² loué)
Façade
Walk Score®
Très pratique à pied (70)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 140200-088-240-0002-001-100 | Évaluation des bâtiments | 421 980 $ CAD |
| Évaluation du terrain | 24 516 $ CAD | Évaluation totale | 446 496 $ CAD |
Impôts fonciers
Numéro de lot
140200-088-240-0002-001-100
Évaluation du terrain
24 516 $ CAD
Évaluation des bâtiments
421 980 $ CAD
Évaluation totale
446 496 $ CAD
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Rue
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Présenté par
7-Eleven | 2078 Niagara St
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