Savers - Thrift Store & Donation Center
Single Tenant | NN Lease | 7.25% CAP
Marketing description
SAVER’S located at 3701 McKinley Parkway, Buffalo, NY 14219 presents a compelling opportunity to acquire a high-quality single-tenant net lease (STNL) investment in one of Buffalo’s most active retail corridors, featuring a nationally recognized and well-established thrift retailer known for its strong customer loyalty and consistent foot traffic; strategically positioned along McKinley Parkway, this property benefits from excellent visibility, easy access, and close proximity to major highways, national retailers, and dense residential communities, making it a dominant location within the trade area; this asset offers investors a stable, passive income stream with minimal management responsibilities, supported by the continued growth and resilience of the value-oriented retail sector, which performs well across all economic cycles; with its combination of a proven tenant, prime location, and reliable cash flow potential, this investment stands out as an ideal choice for investors seeking long-term security and strong fundamentals in a thriving market.
Investment highlights
Credit Tenant (Savers – 300+ Locations) National retailer with ~$1.5B revenue and a recession - resistant business model
6+ Years Remaining + Rent Growth - Long-term lease with scheduled increases and renewal options
NN Lease | Limited Landlord Duties - Tenant covers taxes, insurance, CAM, and maintenance
Prime Retail Corridor Location - High visibility on McKinley Pkwy near I-90 with ~24K VPD and national co-tenancy
Dense, Stable Demographics - 138K+ population within 5 miles; ~$96K avg household income
Large, Functional Site (21,525 SF | 2.69 Acres) - Well-positioned box with ample parking and long-term usability
Recession-Resistant Retail Concept - Value-driven model performs well across economic cycles
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