- For Sale Contact for pricing
- Property Type Retail
- Property Size 10,050 SF
- Lot Size 1.22 SF
- Building Class B
- Date Updated Aug 18, 2026
Description
Colliers is proud to present a premier net lease investment opportunity at 437 Tonawanda Street in Buffalo, New York. Situated on a 1.22-acre infill site, the property features a 10,050 SF freestanding retail building fully leased to Dollar General (NYSE: DG) under a corporate-guaranteed double net lease. The tenant recently extended its lease through July 2030, with three additional five-year renewal options and scheduled rental increases, providing investors with stable cash flow and long-term income potential.
Located less than half a mile from Interstate 190 and approximately five miles from downtown Buffalo, the property benefits from exceptional accessibility and a dense urban trade area. Dollar General has further demonstrated its long-term commitment through a corporate-funded store remodel scheduled for August 2026, including new fixtures, self-checkout, upgraded refrigeration, and other interior improvements. With nearly 300,000 residents within a five-mile radius, far exceeding the chain's typical trade area, this offering represents a rare opportunity to acquire a well-located net lease asset backed by a nationally recognized retailer in one of Buffalo's most established urban corridors.
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