2250 Seneca StBuffalo, NY 14210

This exceptional mixed-use property in Buffalo, NY, presents a compelling investment opportunity. The 17,674 square foot building, situated on a 0.19-acre lot at 2250 Seneca St, features a ground floor occupied by a Family Dollar store under a Net Net (NN) lease with a corporate guarantee, ensuring minimal landlord responsibilities. The lease, commencing September 6, 2006, and expiring December 29, 2026, has approximately 3.7 years remaining, with two five-year renewal options, each including a 10% rent increase. The current occupancy is 100%, generating a price per square foot of $54.95 and an asking price of $971,157. The building is a two-story structure with Retail/Residential zoning, offering significant value-add potential. The upper floor, currently vacant, provides approximately 8,837 square feet for future development, potentially into additional residential units. Family Dollar, a tenant with a BBB- investment-grade credit rating from S&P, anchors the property. The location benefits from high visibility and proximity to major national retailers such as Home Depot, ALDI, Petco, OfficeMax, Walgreens, Save-A-Lot, and Tim Hortons. The surrounding area boasts a dense population, with over 218,000 residents within a five-mile radius and an average annual household income exceeding $61,000 within a three-mile radius. This property offers a strong current income stream and substantial upside potential for future development.