Bulk Warehouse Distribution
3366 Walden Ave Depew, NY 14043
3366 Walden Ave, Depew, NY, 14043
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For Sale
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Updated bulk warehouse-distribution facility with 27 dock doors, 25-foot clear height, and 10,000 square feet of office space.
Property Size154,350 SF
Price / SF$98.48
Days on Market73
Property Features for 3366 Walden Ave
General Information
- Standard status
- Active
- Size
- 154,350 SF
- Property subtype
- INDUSTRIAL
Listing agency
CBRE | Buffalo
(716) 912-2285
Listed by
Lida Eberz
(716) 912-2285
Source
Moodyscre
Added: May 11 Updated: Jul 21 at 5:30PM Checked: Jul 21 at 5:30PM
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 CBRE | Buffalo
Investment Insights
Based on property information with market context.
This 2017 renovated bulk warehouse/distribution building totals 154,350 square feet and is configured for third-party logistics. The facility includes 25’ clear height, 27 dock doors, and 40’ x 40’ column spacing, along with approximately 10,000 square feet of updated office space.
The property is leased to Bunzl Distribution USA, LLC, supporting regional clients under a long-term arrangement that dates back to 1991. As a mission-critical logistics facility, it is currently in operation with a long-term tenant in place.
With its docked distribution layout and substantial office component, the building is well-suited for warehouse and distribution needs requiring meaningful vertical clearance and regular bay spacing.
The property is leased to Bunzl Distribution USA, LLC, supporting regional clients under a long-term arrangement that dates back to 1991. As a mission-critical logistics facility, it is currently in operation with a long-term tenant in place.
With its docked distribution layout and substantial office component, the building is well-suited for warehouse and distribution needs requiring meaningful vertical clearance and regular bay spacing.
Key Highlights
- Updated bulk warehouse‑distribution building totaling 154,350 SF, renovated in 2017
- Mission‑critical third‑party logistics facility with a long‑term tenant in place since 1991 (35‑year lease term)
- 25' clear height with 27 dock doors for loading and distribution
Local Financial Insights For Warehouse
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 | $1.04M | $6.72 |
| − Vacancy | −$69.5k | −$0.45 |
| EGI | $967.7k | $6.27 |
| − OpEx | −$145.2k | −$0.94 |
| NOI | $822.6k | $5.33 |
154,350 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$11.75M
$10.28M – $13.71M
NOI $822,577 @ 7.0% cap · market cap 5.41%
Second Best
Industrial
$9.68M
$8.47M – $11.29M
NOI $677,416 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$33.74M
$29.52M – $39.37M
NOI $2,361,925 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bunzl R3 Buffalo
Distribution Center
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - Updated bulk warehouse-distribution facility with 27 dock doors, 25-foot clear height, and 10,000 square feet of office space.
Where is this distribution center located?
The property is located at 3366 Walden Ave Depew, NY.
What is the asking price?
The asking price for this property is $15,200,000.
What are key features of this property?
This property features: Updated bulk warehouse‑distribution building totaling 154,350 SF, renovated in 2017; Mission‑critical third‑party logistics facility with a long‑term tenant in place since 1991 (35‑year lease term); 25' clear height with 27 dock doors for loading and distribution
