Listed by CBRE - Buffalo
$15,200,000
3366 Walden Avenue
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 154,350
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Year Renovated 2017
Buildings 1
Acreage 8.380
Investment Type Core+
Tenant Credit Corporate Guarantee
Ground Lease No
Loading Docks 27
Dock High Doors 27
Core Plus Industrial Investment Property | 100% Leased
Marketing description
Full offering materials can be accessed at www.3366Walden.com
Investment highlights
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.
- 25’ clear height
- 27 dock doors
- 40' x 40' column spacing
- 10,000 sq. ft. of updated mezzanine office space
Listing Contacts
Listed by CBRE - Buffalo
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