860,000 SF Industrial
100-200 Westinghouse Cir, Horseheads, NY 14845
Mission-critical industrial facility in Horseheads, NY, with long-term tenants.
Type:Industrial
Property size:
860,000 SFLot size:
59.00 Acres- Added:
- Jan 27, 2026
- Days on Market:
- 109
- Last Refresh:
- Apr 5 at 11:27 pm
Property Features for 100-200 Westinghouse Cir
General Information
- Standard status
- Active
- Size
- 860,000 SF
- Lot size
- 59.00 Acres
- Property subtype
- Industrial
Listing agent Matt Berres License #CA RE Lic. #01977909 (949) 608-2066
Listing office Newmark (949) 608-2066
Listing date Jan 27, 2026
Source Nmrk
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All listing content including descriptions, pricing, images are the copyrighted material of Newmark
HighLights
- Anchored by investment‑grade Eaton Corporation (S&P: A-) with a 45+ year tenure and Southern Tier Logistics, ensuring stable, long‑term tenancy.
- Significant rent upside with in‑place rents 20%+ below market, providing potential for $1.3M+ NOI growth.
- Strategic location with 1,800 ft of direct I‑86 frontage, offering exceptional connectivity to major Northeast markets.
- Recent $3.1M capital improvements including new roofs, dock packages, and LED lighting, enhancing operational efficiency.
- Additional development potential on 8.5 acres of excess land, offering expansion or disposition opportunities.
- Located in a tight industrial market with low vacancy (4.0%) and substantial rent growth (40%+ since 2019), supporting continued appreciation.
Overview
This 860,000 SF industrial facility is strategically located in Horseheads, NY. The property is anchored by Southern Tier Logistics (66% of GLA) and Eaton Corporation (21% of GLA). Eaton Corporation has been a tenant for over 45 years. Both tenants recently renewed for 7 years, with STL expanding by 70,000 SF. Situated on 59 acres with direct I-86 frontage, the asset provides connectivity across the Northeast corridor. The property has had $3.1M in recent capital improvements and additional development upside on 8.5 acres of excess land. Ownership has deployed $3.1M in improvements, including new roofs, dock packages, LED lighting, and parking lot upgrades. Eaton recently installed 2 new 65-ton closed loop chillers that serve the office portion of the building and is scheduled to replace 2 Outside Circuit Breakers (OCB’s) and the associated switchgear components that serve their space in Oct-2026, with an anticipated project cost of $1.5M. In addition to below-market in-place rents, two developable parcels (1.5 and 7.5 acres) offer expansion or disposition potential. The facility boasts 1,800 ft of direct I-86 frontage, linking Buffalo, Rochester, Syracuse, and NYC, with access to over 6.7M consumers within a 3-hour drive and 22M consumers within a 4-hour drive. The Elmira/Corning submarket features 4.0% industrial vacancy and 40%+ rent growth since 2019.
Location Intelligence
Current Use by Public Records
Distribution properties
Location Insight
- Map
- Local Demand
- City
- Horseheads
- County
- Chemung
- State
- New York
- Longitude
- -76.8396
- Latitude
- 42.1589
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - Mission-critical industrial facility in Horseheads, NY, with long-term tenants.
Where is this distribution property located?
The property is located at 100-200 Westinghouse Cir Horseheads, NY.
What are key features of this property?
This property features: Anchored by investment‑grade Eaton Corporation (S&P: A-) with a 45+ year tenure and Southern Tier Logistics, ensuring stable, long‑term tenancy.; Significant rent upside with in‑place rents 20%+ below market, providing potential for $1.3M+ NOI growth.; Strategic location with 1,800 ft of direct I‑86 frontage, offering exceptional connectivity to major Northeast markets.
