Subject offering fee-simple ownership interest in a recently constructed, net-leased Family Dollar located in Buffalo, NY. The Subject operates under a corporately-guaranteed, 'double-net' lease with approx. seven (7) years remaining in the base term and containing six (6) successive option periods of five (5) years each. Each option period also contains a 5% rental rate increase. The immediate area also boasts favorable demographics that are inline with the discount store’s target market & investment strategy.[NYSE: DLTR]
*New York BoR: Balkan Realty License # 109915804
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
