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Single-Tenant Dollar General
For Sale
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437 Tonawanda St, Buffalo, NY 14207

Freestanding, fully occupied Dollar General is offered as a corporate-guaranteed double net lease property.

Property Size10,050 SF
Lot Size1.22 Acres
Days on Market65

Property Features for 437 Tonawanda St

General Information

Standard status Active
Size 10,050 SF
Lot size 1.22 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 7.5%
Highway Access Yes
Liquor License Yes

Building Details

Tenancy Single
Listing Agency: Fort Lauderdale
Listed By: Christopher Twist
Source: Colliers
Added: Jul 3 Changed: Sep 4 Last Checked: Sep 5 at 3:38AM

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 Fort Lauderdale

Investment Insights

Based on property information with market context.

A freestanding, single-tenant Dollar General is offered for sale on an infill parcel. The 10,050 square foot building is fully occupied under a corporate guaranteed double net lease with Dollar General. In September 2021, the tenant executed a seven-year extension to July 31, 2030, including three successive five-year renewal options with scheduled increases.

The property is located at 437 Tonawanda Street in Buffalo, New York, on a 1.22 acre parcel less than half a mile from the Niagara Thruway (Interstate 190) and roughly five miles from downtown Buffalo. The tenant obtained an on-site liquor license in 2019 and has committed to a corporate-funded remodel commencing in August 2026, including new fixtures, registers, self-checkout, floor work, and added refrigeration.

Key Highlights

  • Freestanding single‑tenant Dollar General at 437 Tonawanda Street, Buffalo, NY
  • 10,050 SF building fully occupied under a corporate guaranteed double net lease with Dollar General (NYSE: DG)
  • Lease extension executed in September 2021: primary term through July 31, 2030, plus three successive 5‑year renewal options

Property Analytics

Current Use

Western Union Bank KeyMe Locksmiths Locksmith Dollar General Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby

Demographics for 14207, NY

26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding, fully occupied Dollar General is offered as a corporate-guaranteed double net lease property.
Where is this retail space located?
The property is located at 437 Tonawanda St Buffalo, NY.
What are key features of this property?
This property features: Freestanding single‑tenant Dollar General at 437 Tonawanda Street, Buffalo, NY; 10,050 SF building fully occupied under a corporate guaranteed double net lease with Dollar General (NYSE: DG); Lease extension executed in September 2021: primary term through July 31, 2030, plus three successive 5‑year renewal options
More about this property
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