860,000 SF Industrial
For Sale
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100-200 Westinghouse Cir, Horseheads, NY 14845
Mission-critical industrial facility in Horseheads, NY, with long-term tenants.
Property Size860,000 SF
Lot Size59.00 Acres
Days on Market205
Property Features for 100-200 Westinghouse Cir
General Information
Standard status
Active
Size
860,000 SF
Lot size
59.00 Acres
Property subtype
Industrial
Building Details
Building Size
860,000 SF
Year Renovated
1990
Listing Agency:
Newmark
(949) 608-2066
Listed By:
Matt Berres · License #CA RE Lic. #01977909
Source:
Nmrk
Added: Jan 27
Changed: Aug 19
Last Checked: Aug 20 at 4:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 14845, NY
20,628
Population
9,370
Households
2.2
Avg Household Size
46
Median Age
35%
College-Educated
96%
High-School Grad
78.2 sq mi
ZIP Area
264
Density / Sq Mi
$76,617
Median Household Income
$45,909
Median Earnings
$1,175
Median Rent
$183,900
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
