Listed by CBRE - Buffalo, CBRE - Albany
$6,093,000
Industrial Portfolio | Buffalo, Dunkirk, Plattsburgh
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 71,684
Units 3
Cap Rate 6.75%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 9
Lease Expiration 02/28/2035
Remaining Term 8.6
Rent Bumps Yes
Lease Options Yes
Price per SqFt $85
Broker Co-Op No
Class B
Buildings 3
Acreage 23.590
Investment Type Sale/Leaseback
Lease Commencement 03/01/2026
Occupancy Date 04/22/2026
Ground Lease No
Sale Condition Sale for leaseback
Industrial Portfolio | 6.75% CAP | ±71,600 SF Total | Buffalo, Dunkirk, Plattsburgh
Marketing description
CBRE Upstate NY, serving as owner‘s representative, presents a sale-leaseback opportunity to acquire a portfolio of over 71,600 sq. ft. of industrial space among three properties located across Upstate New York in Buffalo, Dunkirk, and Plattsburgh. The properties are all home to a single long-term tenant on NNN leases that have more than eight (8) years of term remaining on their respective agreements.
To access the offering materials please visit www.UpstateNYindustrialportfolio.com
Investment highlights
- The rent in each lease escalates three percent (3%) annually.
- Tenant is willing to self-manage all property maintenance items.
- NNN, long-term leases.
Listing Contacts
Listed by CBRE - Buffalo, CBRE - Albany
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