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401 E Amherst St 16,821 SF 100% Leased Flex Building Buffalo, NY 14215 $4,600,000 ($273.47/SF) 9% Cap Rate
EXECUTIVE SUMMARY
Cushman & Wakefield | Pyramid Brokerage Company is pleased to offer for sale 401 East Amherst Street, a 16,821-square-foot office/industrial asset situated on 3.63 acres in Buffalo, NY. This freestanding, fully fenced property presents a rare NNN investment opportunity with a strong 9% cap rate, catering to investors seeking stable income with minimal landlord responsibilities.?
The facility features 13,100 SF of finished office space and a 3,700 SF vehicle service center, supported by three (3) grade-level doors (14' x 14'), 25' clear heights, and dedicated parts and dispatch areas. Recent capital improvements—including a new roof, HVAC, repaved lot, lighting, flooring, and updated kitchen/bathrooms—ensure long-term functionality and appeal.?
A compressed natural gas (CNG) station with a 2-million-gallon annual capacity adds unique infrastructure value, while the property’s strategic location—just 1 mile from Route 33 Kensington Expressway—provides excellent access to the greater Buffalo market. With parking for up to 185 vehicles, this site is ideally positioned to support logistics, fleet operations, or last-mile delivery.?
Ideal for NNN investors seeking a turnkey asset with strong income and infrastructure in place.?
The facility features 13,100 SF of finished office space and a 3,700 SF vehicle service center, supported by three (3) grade-level doors (14' x 14'), 25' clear heights, and dedicated parts and dispatch areas. Recent capital improvements—including a new roof, HVAC, repaved lot, lighting, flooring, and updated kitchen/bathrooms—ensure long-term functionality and appeal.?
A compressed natural gas (CNG) station with a 2-million-gallon annual capacity adds unique infrastructure value, while the property’s strategic location—just 1 mile from Route 33 Kensington Expressway—provides excellent access to the greater Buffalo market. With parking for up to 185 vehicles, this site is ideally positioned to support logistics, fleet operations, or last-mile delivery.?
Ideal for NNN investors seeking a turnkey asset with strong income and infrastructure in place.?
PROPERTY FACTS
| Price | $4,600,000 | Lot Size | 3.58 AC |
| Price Per SF | $273.47 | Rentable Building Area | 16,821 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 9% | Year Built | 1996 |
| Property Type | Flex | Parking Ratio | 11/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 25’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Zoning | D-IL - Light Industrial | ||
| Price | $4,600,000 |
| Price Per SF | $273.47 |
| Sale Type | Investment NNN |
| Cap Rate | 9% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 3.58 AC |
| Rentable Building Area | 16,821 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Parking Ratio | 11/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | D-IL - Light Industrial |
AMENITIES
- Fenced Lot
- Reception
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 140200-090-230-0006-001-112 | Improvements Assessment | $490,400 |
| Land Assessment | $59,600 | Total Assessment | $550,000 |
PROPERTY TAXES
Parcel Number
140200-090-230-0006-001-112
Land Assessment
$59,600
Improvements Assessment
$490,400
Total Assessment
$550,000
(716) 852-7500
x129
CONTACTS
-
Jeffrey Clabeaux -
Lucian Issa -
Robert Stewart -
Cushman and Wakefield/Pyramid Brokerage Company
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401 E Amherst St
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