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25 Gardenville Pky 15,059 SF 100% Leased Flex Building Buffalo, NY 14224 $2,394,370 ($159.00/SF) 7.10% Cap Rate
Executive Summary
Donovan Real Estate Services is pleased to offer the opportunity to acquire a newly renovated single tenant investment property leased by Dollar General Market investment in West Seneca, NY.
The tenant recently signed a brand new 10-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period. This grows NOI and hedges against inflation.
The tenant recently signed a brand new 10-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period. This grows NOI and hedges against inflation.
Property Facts
| Price | $2,394,370 | Lot Size | 1.55 AC |
| Price Per SF | $159.00 | Rentable Building Area | 15,059 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.10% | Year Built/Renovated | 1983/2025 |
| Property Type | Flex | Parking Ratio | 3.45/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | 05C | ||
| Price | $2,394,370 |
| Price Per SF | $159.00 |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 1.55 AC |
| Rentable Building Area | 15,059 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2025 |
| Parking Ratio | 3.45/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | 05C |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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Lorem Ipsum
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Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 143089 124.02-1-30 | Improvements Assessment | $860,000 |
| Land Assessment | $100,000 | Total Assessment | $960,000 |
Property Taxes
Parcel Number
143089 124.02-1-30
Land Assessment
$100,000
Improvements Assessment
$860,000
Total Assessment
$960,000
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25 Gardenville Pky
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