476 Hertel Ave, Buffalo, NY 14207
Medical office space featuring a dental buildout and parking.
- Added:
- Mar 13, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 19 at 11:18 pm
Property Features for 476 Hertel Ave
General Information
- Standard status
- Active
- Size
- 3,685 SF
- Lot size
- 0.40 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2009
Listing office CBRE - Buffalo
Listing date Mar 13, 2026
Source Crexi
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
HighLights
- Fully built‑out dental office featuring 8 operatories, lab, and prep area.
- Ample parking with 20 spaces.
- Prime location across from West Hertel Academy near Hertel Avenue and Military Road.
- Modern construction (built in 2009) with ±3,685 sq. ft.
- High traffic frontage (9,838 AADT).
- Convenient access to I‑190 and Rt. 198.
Overview
Local Financial Insights For Office B
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 | $75.2k | $20.40 |
| − Vacancy | −$13.9k | −$3.77 |
| EGI | $61.3k | $16.63 |
| − OpEx | −$15.3k | −$4.16 |
| NOI | $46.0k | $12.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8902724
- Latitude
- 42.9466924
