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1166 Central Ave
Dunkirk, NY 14048

Rite Aid | Dunkirk, NY · Retail Property For Sale

Drug Stores New York Dunkirk 1166 Central Ave, Dunkirk, NY 14048

Investment Highlights

  • 100% Depreciable Asset: Leasehold interest (land not for sale) allows ownership to depreciate 100% percent of purchase price (ask your CPA)
  • Historical Occupancy: Rite Aid has been here for over 25 years with a proven track record
  • Across from State University of New York at Fredonia | Approximately 3,500 students
  • Absolute Net Lease Structure: Zero landlord responsibilities
  • Situated Along I-90: Conveniently located along Interstate 90, offering connectivity to Buffalo, NY (~ 45 mi. away) and Erie, PA (~ 50 mi. away)
  • Dunkirk, NY | Key City: Located in western NY along the shores of Lake Erie and just off I-90 — excellent connectivity to Buffalo, Erie, and Cleveland

Executive Summary

Leasehold Offering | Absolute Net Lease | 100% Depreciation

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,908 SF
Building Class
B
Year Built
2000
Price
$1,201,226 CAD
Price Per SF
$110 CAD
Cap Rate
9%
NOI
$108,110 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.45 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C2
Frontage
180 ft on Central Ave

Links

PROPERTY TAXES

Parcel Number 060300-096-017-0001-019-001 Improvements Assessment $4,760,241 CAD
Land Assessment $850,889 CAD Total Assessment $5,611,130 CAD

PROPERTY TAXES

Parcel Number
060300-096-017-0001-019-001
Land Assessment
$850,889 CAD
Improvements Assessment
$4,760,241 CAD
Total Assessment
$5,611,130 CAD
 

  • Listing ID: 34257468

  • Date on Market: 2024-12-20

  • Last Updated:

  • Address: 1166 Central Ave, Dunkirk, NY 14048

The Retail Property at 1166 Central Ave, Dunkirk, NY 14048 is currently available for sale. Contact Hanley Investment Group for more information.

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