562-257-1200
2078 Niagara St, Buffalo, NY for Sale
Convenience Store - FOR SALE
1/5
null | Request Cap Rate

2078 Niagara St
Buffalo, NY 14207
Black Rock


HIGHLIGHTS

  • Absolute triple-net (NNN) lease with zero landlord responsibilities Corporate guarantee by 7-Eleven, Inc.
  • Approximately 4.8 years remaining on the lease term
  • Dense surrounding residential base with 14,000+ residents within 1 mile

OVERVIEW

Marcus & Millichap is pleased to exclusively present the opportunity to acquire a single-tenant 7-Eleven convenience store located at 2078 Niagara Street in Buffalo, New York. The subject property is secured by a corporate guarantee from 7-Eleven, Inc. and is leased on an absolute triple-net (NNN) basis, providing investors with predictable cash flow and zero landlord responsibilities. The freestanding retail building was constructed in 1985 and contains approximately 3,486 rentable square feet. The lease has approximately 4.8 years remaining, offering near-term income stability with future optionality upon expiration. Under the absolute NNN structure, the tenant is responsible for all operating expenses, including taxes, insurance, and maintenance. The property is strategically positioned along Niagara Street, a primary north–south arterial serving Buffalo’s West Side. The location benefits from strong visibility, consistent commuter traffic, and immediate access to dense surrounding residential neighborhoods that support daily-use retail demand. The immediate trade area is supported by approximately 14,000+ residents within a one-mile radius, with the broader five-mile population exceeding 250,000 residents. The necessity-based nature of the convenience retail sector, combined with an infill urban location, supports long-term tenant viability and durable cash flow. This offering represents an opportunity to acquire a credit-tenant net lease asset with minimal management requirements in a stable urban market

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

N-2C

APN/PARCEL ID

140200-088-240-0002-001-100

ASK ABOUT THIS PROPERTY

Arnie SuttipreechanunMarcus & MillichapMore Info
562-257-1200

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Arnie SuttipreechanunMarcus & MillichapMore Info
562-257-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.