Dollar General Retail
For Sale
$1,649,000
10344 Main St, Clarence, NY 14031
Retail space associated with a nationally established operator and publicly traded company.
Property Size9,100 SF
Price / SF$181.21
Days on Market48
Property Features for 10344 Main St
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Discount
Lease Type
Absolute Net
Additional Details
Cap Rate
6.85%
Amenities
NEWER 2023 CONSTRUCTION | 11+ YEARS REMAINING
10% RENTAL INCREASES EACH RENEWAL OPTION
TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
40,000+ POPULATION IN 5-MILE RADIUS
STRONG PLACER.AI DATA | TOP 25% STORE IN ENTIRE DOLLAR GENERAL CHAIN
RARE UPGRADED CONSTRUCTION
Building Details
Building Size
9,100 SF
Listed By:
Robby Pfeiffer · License #License(s): GA: 281335, AL: 000091407-1
(678) 808-2770
Source:
Marcusmillichap
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 5 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robby Pfeiffer
Investment Insights
Based on property information with market context.
The 9,100-square-foot retail property at 10344 Main St in Clarence, NY is associated with Dollar General, a publicly traded company listed on the NYSE. The offering identifies a retail format supported by a broad operating footprint across 48 states.
Dollar General is reported to operate more than 20,000 locations and carries an investment-grade BBB/Stable rating from Standard & Poor’s. These company-level facts provide context for the named retail operator connected with the property.
Dollar General is reported to operate more than 20,000 locations and carries an investment-grade BBB/Stable rating from Standard & Poor’s. These company-level facts provide context for the named retail operator connected with the property.
Key Highlights
- 9,100‑square‑foot retail property
- Dollar General is the named retail operator
- Publicly traded company listed on the NYSE
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,821
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,420
$1.6M
Cap Rate 7%
$1,168,871
$1.2M
Cap Rate 9%
$909,122
$909.1K
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$131.0K $14.40/SF
− Vacancy
−$14.2K −$1.56/SF
EGI
$116.9K $12.84/SF
− OpEx
−$35.1K −$3.85/SF
NOI
$81.8K $8.99/SF
Area
Erie County, NY
Vacancy
10.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,420
Cap Rate 7%
$1,168,871
Cap Rate 9%
$909,122
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.36M
NOI $81,821 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,252 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Home Improvements & Furnishings 17%
Dollar General
Shops & Services
7,470 visits/mo
0.0 miles
Ace Hardware
Home Improvements & Furnishings
1,495 visits/mo
0.4 miles
Demographics for 14031, NY
9,983
Population
4,539
Households
2.2
Avg Household Size
51
Median Age
51%
College-Educated
98%
High-School Grad
19.4 sq mi
ZIP Area
515
Density / Sq Mi
$99,639
Median Household Income
$59,366
Median Earnings
$930
Median Rent
$324,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space associated with a nationally established operator and publicly traded company.
Where is this retail space located?
The property is located at 10344 Main St Clarence, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 9,100‑square‑foot retail property; Dollar General is the named retail operator; Publicly traded company listed on the NYSE
