Overview

Description

PROPERTY DESCRIPTION
The Kase Group is pleased to present the opportunity to purchase a brand new Dollar General located in Buffalo, New York. The building consists of 10,640 SF situated on a 1.54 acre lot and just underwent new construction and designing in compliance to the tenants prototype. The store is projected to open in July 2024 with a new 15 year absolute NNN lease with 5% increases every 5 years and five, 5-year renewal options. The store benefits from its close proximity to Highway 12 and the SUNY Polytechnic Institute (1,990 Students). The site is nearby the Riverside Center featuring retailers such as Walmart, Lowe's Home Improvement, Five Guys, Applebee's Grill + Bar & more.

LOCATION DESCRIPTION
Utica is a city in the Mohawk Valley and the county seat of Oneida County, New York, United States. The tenth-most-populous city in New York State, its population was 65,283 in the 2020 U.S. Census. Located on the Mohawk River at the foot of the Adirondack Mountains, it is approximately 95 miles (153 kilometers) west-northwest of Albany, 55 mi (89 km) east of Syracuse and 240 mi (386 km) northwest of New York City. Utica and the nearby city of Rome anchor the Utica–Rome Metropolitan Statistical Area comprising all of Oneida and Herkimer Counties.

Listed in Conjunction with:
ERANNAN SHATTUCK
315.471.5462
erannans@westlakedev.com
NY #10401296680

Highlights

• New 15 Year Absolute NNN Lease
• Zero Landlord Obligations
• Corporate Guarantee
• Brand New Construction
• Scheduled Rental Increases
• Close Proximity to Highway 12 & SUNY Polytechnic Institute (1,990 Students)
• Nearby the Riverside Center featuring retailers such as Walmart, Lowe's
• Home Improvement, Five Guys, Applebee's Grill + Bar & more

Documents

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