Property summary
This exceptional industrial property in Erie County, NY, offers a brand-new 31,690-square-foot addition to an existing facility, totaling 61,690 square feet. Situated on an 8.94-acre lot, this single-tenant space boasts a modern metal building design. The main warehouse area measures 150 feet wide by 200 feet long, providing a spacious 20-foot clear interior height. The layout includes 75-foot by 28.5-foot bays supported by six interior columns. A separate dock building, 30 feet wide by 56.33 feet long, offers a 12.67-foot clear interior height with two clear-span bays. The building features a robust 6-inch concrete floor, an ESFR sprinkler system, unit heaters, and energy-efficient high-bay LED lighting. The property includes three 9' x 10' dock-high doors with levelers, and one 14' x 14' at-grade overhead door. A total of 409 square feet of modern bathrooms with LVT flooring are included. The property benefits from a 400 AMP/480V/3-phase power supply. The lease rate is $7.25 per square foot annually, on a Net-Net-Net basis. A 5-year LERTA (Local Economic Revitalization Tax Assistance) program is available, commencing with the occupancy permit; real estate taxes will be assessed afterward. Conveniently located, the property is half a mile from US Highway 90 and five miles from US Highway 79. Additional improvements are negotiable. This is a prime opportunity for businesses seeking a modern, efficient, and strategically located industrial space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning