Corporate-Guaranteed Net-Leased
For Sale
Contact for pricing
1756-1760 Genesee Street, Buffalo, NY 14211
Freestanding retail building with a corporate-guaranteed NN lease and landlord obligations limited to roof and structure.
Property SizeContact for details
Days on Market146
Property Features for 1756-1760 Genesee Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
23,200 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
Listed By:
Sean Lutz · License #IL 475132482
(312) 279-5345
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 12:29AM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
Freestanding retail property at 1756-1760 Genesee Street in Buffalo, NY, currently under development with completion scheduled for February 2019. The asset is leased to Family Dollar Stores of New York, LLC under a new 10-year NN lease backed by a corporate guarantee. Six additional five-year extension options are included, with 5% rent increases at the start of each option period. Landlord responsibilities are limited to the roof and structure, and building warranties continue for their applicable terms.
The property occupies a signalized corner at Genesee Street and Bailey Avenue, where combined traffic is reported at 23,200 vehicles daily. It is 3.2 miles from Walden Galleria Mall, which contains 1,600,000 SF of retail space, and 1.7 miles from Erie County Medical Center, a 583-bed Level 1 adult trauma center. The surrounding five-mile trade area includes 383,000 residents and an average household income of $57,100.
The property occupies a signalized corner at Genesee Street and Bailey Avenue, where combined traffic is reported at 23,200 vehicles daily. It is 3.2 miles from Walden Galleria Mall, which contains 1,600,000 SF of retail space, and 1.7 miles from Erie County Medical Center, a 583-bed Level 1 adult trauma center. The surrounding five-mile trade area includes 383,000 residents and an average household income of $57,100.
Key Highlights
- New freestanding Family Dollar retail property at 1756‑1760 Genesee Street
- Corporate‑guaranteed 10‑year NN lease with 6 five‑year extension options
- 5% rent increases begin at the start of each option period
Property Analytics
Current Use
Lease Details
23,200 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 14211, NY
26,449
Population
11,498
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
84%
High-School Grad
3.9 sq mi
ZIP Area
6,782
Density / Sq Mi
$34,490
Median Household Income
$30,705
Median Earnings
$1,008
Median Rent
$91,600
Median Home Value
Market
Vacancy Rate% for Retail in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail building with a corporate-guaranteed NN lease and landlord obligations limited to roof and structure.
Where is this nnn property located?
The property is located at 1756-1760 Genesee Street Buffalo, NY.
What are key features of this property?
This property features: New freestanding Family Dollar retail property at 1756‑1760 Genesee Street; Corporate‑guaranteed 10‑year NN lease with 6 five‑year extension options; 5% rent increases begin at the start of each option period
