Tonawanda Warehouse/Office/Flex
170 Cooper Ave Tonawanda, NY 14150
170 Cooper Ave, Tonawanda, NY, 14150
Contact for pricing
For Sale
Contact for pricing
Tonawanda warehouse/office/flex building with high visibility and ample parking.
Property Size68,696 SF
Price / SF$86.61
Days on Market666
Property Features for 170 Cooper Ave
General Information
- Standard status
- Active
- Size
- 68,696 SF
- Property subtype
- Industrial, Office
Listing agency
Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
(716) 852-7500
Listed by
Richard J. Schechter · License #NY 30SC0879149
Source
Crexi
Added: Sep 24, 2024 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 7:06AM
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 Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Investment Insights
Based on property information with market context.
This Tonawanda warehouse, office, and flex building is available for immediate occupancy. The property benefits from excellent visibility, with exposure to over 50,000 vehicles daily. Ample parking is available for more than 450 vehicles. The large lot provides room for potential expansion, accommodating future growth and development needs. The building has direct access to I-190 and I-290 Expressways, offering convenient access to major markets throughout Western New York. It features an 18-foot clear height under the joist, one dock door, and one grade door; additional doors can be added. The property is equipped with 1,200-amp three-phase power. The 68,696 square foot property is ideal for warehousing, manufacturing, research and development, distribution, office or flex space, and lab conversion.
Key Highlights
- Excellent visibility with exposure to over 50,000 vehicles daily.
- Direct access to I‑190 and I‑290 Expressways.
- Ample parking for more than 450 vehicles.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $651.2k | $9.48 |
| − Vacancy | −$43.6k | −$0.64 |
| EGI | $607.6k | $8.84 |
| − OpEx | −$212.7k | −$3.10 |
| NOI | $394.9k | $5.75 |
68,696 SF · lease $9.48/SF/yr · vacancy 6.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$5.64M
$4.94M – $6.58M
NOI $394,943 @ 7.0% cap · market cap 6.64%
Second Best
Warehouse
$5.23M
$4.58M – $6.10M
NOI $366,101 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$15.02M
$13.14M – $17.52M
NOI $1,051,214 @ 7.0% cap · market cap 17.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Tonawanda warehouse/office/flex building with high visibility and ample parking.
Where is this flex space located?
The property is located at 170 Cooper Ave Tonawanda, NY.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Excellent visibility with exposure to over 50,000 vehicles daily.; Direct access to I‑190 and I‑290 Expressways.; Ample parking for more than 450 vehicles.
