April 21, 2025 – Steven Schiavello and Patrick Gray of Horvath & Tremblay have successfully completed the sale of Dollar General in Angola, New York. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $867,500.
Dollar General is located at 8790 Erie Road in Angola, New York. Dollar General has been at this location since it was constructed and extended their lease 2+ years early for an additional 5 years, demonstrating their commitment to the site and the market. Dollar General has 7 years remaining on their lease with two (2), 5-year renewal options. The lease features attractive rent increases at the start of each renewal option. The Property is well located along Erie Road (NY Route 5), the area’s primary commercial and commuter corridor, and enjoys outstanding frontage and visibility with a large pylon sign. The Property is positioned in between the shores of Lake Erie and Angola’s Village Center (both 1.4-miles away) and enjoys outstanding access to area schools, and Angola’s prominent commercial tenants. Angola is positioned along the shores of Lake Erie approximately 20 miles southwest of Buffalo, the economic center of western New York.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.