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3366 Walden Ave
Depew, NY 14043
Industrial Property For Sale
Investment Highlights
- Long-term tenant in place
- An ideal logistics location to access markets across Upstate New York, Northern Pennsylvania and Southern Ontario
- Within 6 miles of four exits along I-90, a 20-minute drive from downtown Buffalo
Executive Summary
CBRE Upstate NY, serving as owner‘s representative, presents the opportunity to acquire 3366 Walden Avenue in Depew, New York, home to the Bunzl Buffalo Distribution Center. The property is a 2017 renovated bulk warehouse/distribution building totaling 154,350 square feet. Bunzl Distribution USA, LLC, one of the largest operating divisions of the London-based global distribution company Bunzl PLC (LON: BNZL; S&P BBB+), or one of its predecessor entities, has leased this mission critical third-party logistics facility to service regional clients for 35 years dating back to 1991.
Property Facts
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7% | Year Built/Renovated | 1973/2017 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.76/1,000 SF |
| Building Class | C | Clear Ceiling Height | 25’ |
| Lot Size | 8.37 AC | No. Dock-High Doors/Loading | 27 |
| Rentable Building Area | 154,350 SF |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 8.37 AC |
| Rentable Building Area | 154,350 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1973/2017 |
| Tenancy | Single |
| Parking Ratio | 0.76/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 27 |
Property Taxes
| Parcel Number | 145201-104-060-0001-002-000 | Improvements Assessment | $4,205,000 |
| Land Assessment | $335,000 | Total Assessment | $4,540,000 |
Property Taxes
Parcel Number
145201-104-060-0001-002-000
Land Assessment
$335,000
Improvements Assessment
$4,205,000
Total Assessment
$4,540,000
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