3920 Bayview Rd Buffalo, NY 14219
- Manufacturing properties
- 181,500 SF
- 58.00 lot acres
Current Use by Public Records
- Amazon Delivery Center / Warehouse
Property Details for 3920 Bayview Rd
- Year built
- 2023
- Lot size
- 58.00 lot acres
- Property size
- 181,500 SF
- Zone code
- M3P
- Property type
- Manufacturing properties
- APN
- 144889 159.00-1-36
- APU
- 14488915900136
Description
This exceptional Class A, 183,628 square foot Amazon last-mile distribution facility is situated on a 57.9-acre lot in Buffalo, NY. Built in 2022, the single-story building boasts a 32-foot clear height, 17 loading docks, and ample parking (1,350 spaces). The property features a 12-year lease (9.3 years remaining) with Amazon.com Services, LLC, including a corporate guarantee from Amazon.com, Inc., commencing March 1, 2022, and expiring February 28, 2034. The lease includes four five-year renewal options, each with a 2% annual rent increase. The current annual net operating income (NOI) is $3,242,040, representing a 5.75% cap rate on the $56,400,000 asking price. The property is zoned M-1 and includes underground conduit for future EV infrastructure. This investment opportunity offers a strong, credit-rated tenant with a long-term lease and significant upside potential through built-in rent escalations. The property is offered for sale by owner with assumable financing at a fixed 3.00% interest rate. This is a rare chance to acquire a high-quality, strategically located Amazon facility with exceptional long-term value.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blasdell
- County
- Erie
- State
- New York
- Longitude
- -78.8524
- Latitude
- 42.7763
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA