Amazon Last Mile Facility *Fixed 3.00% assumable financing*
Amazon Last Mile Facility, Buffalo, NY MSA : Amazon Parent Guaranty
Marketing description
This state-of-the-art Amazon Last Mile Facility is a premier logistics building completed in March 2022. Conveniently located on a sprawling 57.9 acre greenfield site in the Buffalo NY MSA, this expansive 183,628 square foot building is designed for efficiency and productivity within Amazon’s distribution network. The building features two van loading canopies covering approximately 45,000 square feet on either side. There are 17 recessed loading docks and additional trailer staging area in the truck court ensuring smooth operations. With over 1,300 parking spaces, there is ample room for both employees and transportation vehicles. There is underground conduit for future EV infrastructure already in place. The interior of the building is equally impressive, offering a generous 32 foot clear height throughout the warehouse, maximizing storage capacity and operational flexibility. A thoughtfully designed office block and remote warehouse restrooms and break rooms enhance the workplace environment.
Investment highlights
Build to suit ground up construction completed in 2022. This plan replicated Amazon’s BTS Last Mile prototype including site improvements. Original 12 year Lease with Amazon.com Services, LLC includes a corporate guaranty with Amazon.com, Inc. which commenced on March 1, 2022. There are 2% annual increases throughout the lease term. Four (4) options to renew for a period of Five (5) years each which also have 2% annual increases. Tenant is responsible for real estate taxes and insurance. There are some limited site and building responsibilities for the Landlord.
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