437 Tonawanda Street, Buffalo, NY 14207

The Twist Capital Team of Colliers is pleased to present for sale a freestanding, single-tenant Dollar General located at 437 Tonawanda Street in Buffalo, New York. The property sits on a 1.22 acre infill parcel less than half a mile from the Niagara Thruway (Interstate 190) and roughly five miles from downtown Buffalo. The 10,050 square foot building is fully occupied under a corporate guaranteed double net lease with Dollar General (NYSE: DG).

In September 2021, the tenant executed a seven-year extension that pushed the primary term out to July 31, 2030 and confirmed three (3) successive five-year renewal options at scheduled increases. Roughly four years of base term remain, followed by fifteen years of optional term at higher rents. The tenant further demonstrated long-term commitment by obtaining an on-site liquor license in 2019 and has now committed to a corporate-funded remodel of the store commencing in August 2026. The scope includes new fixtures, registers, self-checkout, floor work, and added refrigeration. Capital reinvestment of this kind is a meaningful signal that this is a sticky location within the Dollar General portfolio, not a store the tenant is positioning to vacate at lease end.

What sets this offering apart is the demographic profile. The five-mile trade area contains 298,574 residents and 327,913 daytime population, with 134,217 residents and 137,921 daytime population within just three miles. These figures sit well above the typical Dollar General trade area, which generally serves small-town and rural markets of 5,000 to 15,000 people. This is dense, urban infill dirt with deep daily needs demand that simply does not get built today.