401 E Amherst St - Light Distribution FOR SALE


Buffalo, NY 14215- LaSalle
$4,200,000 USD
716-852-7500
401 E Amherst St, Buffalo, NY for Sale
$4,200,000 USD
Light Distribution - FOR SALE
1/9
null | 9.86% Cap Rate

401 E Amherst St
Buffalo, NY 14215
LaSalle


HIGHLIGHTS

  • NNN investment opportunity with a 9% cap rate. 16,821 SF freestanding office/industrial building on 3.5 acres
  • Secure, fenced lot with parking for 185 vehicles. 13,100 SF of finished office space and 3,700 SF vehicle service center
  • Recent improvements include new roof, HVAC, parking lot, paint, flooring, new lighting (2019) and updated bathrooms/kitchen (2020)
  • Features 25’ clear height, three (3) 14’x14’ grade doors, parts room, and dispatch office
  • Compressed natural gas (CNG) station on-site with a 2-milliongallon annual capacity
  • Strategic location 1 mile from Route 33 Kensington Expressway. Ideal for: NNN Investors

OVERVIEW

NNN investment opportunity with a 9% cap rate.16,821 SF freestanding office/industrial building on 3.5 acres. Secure, fenced lot with parking for 185 vehicles. 13,100 SF of finished office space and 3,700 SF vehicle service center. Recent improvements include new roof, HVAC, parking lot, paint, flooring, new lighting (2019) and updated bathrooms/kitchen (2020). Features 25' clear height, three (3) 14'x14' grade doors, parts room, and dispatch office. Compressed natural gas (CNG) station on-site with a 2-million-gallon annual capacity. Strategic location 1 mile from Route 33 Kensington Expressway. Ideal for: NNN Investors.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

9.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

-

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

185

LAND DETAILS

LAND ACRES

3.58

LAND SF

155,945

ZONING

D-IL

APN/PARCEL ID

140200-090-230-0006-001-112

ASK ABOUT THIS PROPERTY

Jeffrey ClabeauxCushman and Wakefield/Pyramid Brokerage CompanyMore Info
716-852-7500

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

Jeffrey ClabeauxCushman and Wakefield/Pyramid Brokerage CompanyMore Info
716-852-7500

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