1031 Clinton St Buffalo, NY 14206

This exceptional investment opportunity presents a 8,247 square foot, single-tenant storefront property located at 1031 Clinton St, Buffalo, NY 14206. The property, built in 2019, boasts a strong 7-year remaining lease with a corporate guarantee, ensuring consistent rental income. The Net Operating Income (NOI) is $123,472, resulting in a compelling 7.72% cap rate. The lease is a Net Net Plus (NN+) structure, meaning the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord expenses. The property sits on a 0.94-acre lot and benefits from its strategic location within a 3-mile radius of over 140,000 residents, ensuring high foot traffic and a substantial customer base. Buffalo's affordability, coupled with its burgeoning arts and cultural scene, contributes to a growing population and a positive outlook for future development and potential property value appreciation. This property offers significant potential for long-term income generation and future redevelopment or re-leasing opportunities. The asking price is $1,600,000.