Industrial Portfolio with NNN
For Sale
Contact for pricing
3937 Bayview Rd, Hamburg, NY 14075
Three industrial properties are occupied by one long-term tenant under NNN lease agreements.
Property Size71,684 SF
Price / SF$84
Days on Market178
Property Features for 3937 Bayview Rd
General Information
Standard status
Active
Size
71,684 SF
Class
B
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Sale/Leaseback
Building Details
Buildings
3
Units
3
Tenancy
Single
Listing Agency:
CBRE - Buffalo
Listed By:
Tom Roberts · License #10401387094
(716) 855-3700
Source:
Crexi
Added: Apr 22
Changed: Oct 15
Last Checked: Oct 16 at 8:21AM
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
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Investment Insights
Based on property information with market context.
This industrial portfolio comprises three properties totaling 71,684 square feet of industrial space. Each location is occupied by a single long-term tenant, creating a consistent occupancy profile across the portfolio.
The assets are structured under NNN leases with more than eight years remaining on the respective agreements. The offering is presented as a sale-leaseback transaction, providing an investment structure tied to continued tenant occupancy.
The assets are structured under NNN leases with more than eight years remaining on the respective agreements. The offering is presented as a sale-leaseback transaction, providing an investment structure tied to continued tenant occupancy.
Key Highlights
- Three‑property industrial portfolio totaling 71,684 square feet
- Single long‑term tenant occupies all three properties
- NNN lease structure across the portfolio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$314,609
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,292,180
$6.3M
Cap Rate 7%
$4,494,414
$4.5M
Cap Rate 9%
$3,495,656
$3.5M
Market Conditions
NOI Build-Up for 71,684 SF
Gross rent
$481.7K $6.72/SF
− Vacancy
−$32.3K −$0.45/SF
EGI
$449.4K $6.27/SF
− OpEx
−$134.8K −$1.88/SF
NOI
$314.6K $4.39/SF
Area
Erie County, NY
Vacancy
6.70%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,292,180
Cap Rate 7%
$4,494,414
Cap Rate 9%
$3,495,656
Alternative Uses
Best Use
Industrial
$4.49M
$3.93M – $5.24M
NOI $314,609 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.67M
$13.71M – $18.28M
NOI $1,096,937 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 14075, NY
44,053
Population
20,164
Households
2.2
Avg Household Size
46
Median Age
38%
College-Educated
96%
High-School Grad
39.4 sq mi
ZIP Area
1,118
Density / Sq Mi
$82,083
Median Household Income
$50,934
Median Earnings
$1,129
Median Rent
$246,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - Three industrial properties are occupied by one long-term tenant under NNN lease agreements.
Where is this industrial property located?
The property is located at 3937 Bayview Rd Hamburg, NY.
What is the asking price?
The asking price for this property is $6,093,000.
What are key features of this property?
This property features: Three‑property industrial portfolio totaling 71,684 square feet; Single long‑term tenant occupies all three properties; NNN lease structure across the portfolio
