Two-Story Medical Office
825 Wehrle Dr Buffalo, NY 14221
For Sale
Contact for pricing
Class A medical office includes exam rooms, reception area, conference rooms, and ample on-site parking.
Property Size11,822 SF
Price / SF$156.06
Days on Market966
Property Features for 825 Wehrle Dr
General Information
Standard status
Active
Size
11,822 SF
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Buffalo
(716) 316-4040
Listed By:
Richard J. Schechter · License #30SC0879149
(716) 316-4040
Source:
Moodyscre
Added: Dec 6, 2023
Changed: Jul 28
Last Checked: Jul 28 at 3:38PM
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 - Buffalo
Investment Insights
Based on property information with market context.
Two-story Class A medical office building available for sale. The interior includes multiple exam rooms, offices, a reception and waiting area, conference rooms, and a business center, supporting day-to-day clinical and professional office operations.
The property offers ample on-site parking and multiple points of ingress/egress for convenient access. It is described in the public remarks as having strong Thruway and Expressway access, with major retail centers and national restaurants nearby.
The building also provides room for expansion into an adjacent parcel, offering flexibility for growth while maintaining the existing on-site parking and access framework.
The property offers ample on-site parking and multiple points of ingress/egress for convenient access. It is described in the public remarks as having strong Thruway and Expressway access, with major retail centers and national restaurants nearby.
The building also provides room for expansion into an adjacent parcel, offering flexibility for growth while maintaining the existing on-site parking and access framework.
Key Highlights
- Two‑story Class A medical office building in Amherst, NY
- Medical space includes multiple exam rooms plus offices, reception/waiting area, conference rooms, and a business center
- Ample on‑site parking with room to expand into the adjacent parcel
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 | $241.2k | $20.40 |
| − Vacancy | −$44.6k | −$3.77 |
| EGI | $196.6k | $16.63 |
| − OpEx | −$49.1k | −$4.16 |
| NOI | $147.4k | $12.47 |
11,822 SF · lease $20.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.11M
$1.84M – $2.46M
NOI $147,414 @ 7.0% cap · market cap 7.99%
Second Best
Healthcare Medical
$2.01M
$1.76M – $2.35M
NOI $140,956 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,007 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office includes exam rooms, reception area, conference rooms, and ample on-site parking.
Where is this medical office space located?
The property is located at 825 Wehrle Dr Buffalo, NY.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Two‑story Class A medical office building in Amherst, NY; Medical space includes multiple exam rooms plus offices, reception/waiting area, conference rooms, and a business center; Ample on‑site parking with room to expand into the adjacent parcel
