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Medical Office Space Available
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700 Michigan Ave., Buffalo, NY 14203

Medical office suites in downtown Buffalo near medical campus.

Space Size3,500 SF
Days on Market193

Property Features for 700 Michigan Ave.

General Information

Standard status Active
Size 3,500 SF
Property subtype Healthcare

Spaces For Lease

at 700 Michigan Ave.
Suites 120B Available
Size 3,500 SF
±3,500 SF ground floor medical office suite available for lease. The space features a reception/waiting area, nurses station, a mix of offices and procedure rooms, and a break room.
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Listed By: Shana Stegner, SIOR · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 27 Changed: Sep 20 Last Checked: Oct 4 at 9:13AM

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 Shana Stegner, SIOR

Investment Insights

Based on property information with market context.

Medical office suites are available for rent within the WNY Medical Arts Center, a 30,000 square foot Class A medical office building situated in downtown Buffalo. The WNY Medical Arts Center is positioned a few blocks south of the Buffalo Niagara Medical Campus, offering high visibility at the corner of Michigan Avenue and Genesee Street.

Key Highlights

  • Class A medical office building.
  • Located in the WNY Medical Arts Center.
  • High visibility at the corner of Michigan Avenue and Genesee Street.

Property Analytics

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Current Use

WNY Medical Arts ... Medical Clinic Jennifer A. Lambrecht, PT Physician WNY Medical Management Medical Clinic Mary E. Remollino, ... Physician Meghan Richli Physician

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,943
Businesses Nearby
Balanced
Demand for This Use

Demographics for 14203, NY

2,006
Population
1,712
Households
1.2
Avg Household Size
33
Median Age
43%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
716
Density / Sq Mi
$48,529
Median Household Income
$44,259
Median Earnings
$1,167
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Buffalo, NY

$14.23 /SF/Yr
Avg Asking Price
$2.5–$22 /SF/Yr
Price Range
4,683 SF
Avg Space Size

Vacancy Rate% for Office in Buffalo, NY

15.4% 2019
16.5% 2020
16.5% 2021
18.5% 2022
18.2% 2023
21.1% 2024
21% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suites in downtown Buffalo near medical campus.
Where is this medical office space located?
The property is located at 700 Michigan Ave. Buffalo, NY.
What are key features of this property?
This property features: Class A medical office building.; Located in the WNY Medical Arts Center.; High visibility at the corner of Michigan Avenue and Genesee Street.
More about this property
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