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Value-Add Industrial/Flex Building 1850 Dale Rd

38,800 SF 100% Leased Industrial Building Cheektowaga, NY 14225 £1,258,960 (£32/SF)

Investment Highlights

  • Priced significantly below replacement cost and is a prime opportunity to be fixed and flipped
  • The property is in Cheektowaga, NY, which is located 15 minutes from both downtown Buffalo and Buffalo Niagara International Airport (BUF)
  • Property has 5 separate spaces, which all feature drive-in doors, making it suitable for multiple tenants or to be utilized by an owner-user
  • Easy access to major highways such as I-90 and I-290; I-90 sees over 140,000 vehicles per day

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 38,800 SF Value-Add Industrial/Flex Building Located at 1850 Dale Road in Cheektowaga, NY. This Deal is Priced Significantly Below Replacement Cost and is a Prime Opportunity to Be Fixed and Flipped; Additionally, the Property Has 5 Separate Spaces, Suitable For Multiple Tenants, Providing For a Secure Investment.

In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161

Property Facts

Price £1,258,960 Rentable Building Area 38,800 SF
Price Per SF £32 Number of Floors 1
Sale Type Investment Year Built 1979
Property Type Industrial Parking Ratio 0.13/1,000 SF
Property Subtype
Distribution
  • General Retail Bar
  • Industrial Manufacturing
  • Industrial Warehouse
 No. Dock-High Doors/Loading 2
Building Class C Level Access Doors 1
Lot Size 1.94 AC
Price £1,258,960
Price Per SF £32
Sale Type Investment
Property Type Industrial
Property Subtype
Distribution
  • General Retail Bar
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 1.94 AC
Rentable Building Area 38,800 SF
Number of Floors 1
Year Built 1979
Parking Ratio 0.13/1,000 SF
No. Dock-High Doors/Loading 2
Level Access Doors 1

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • TNGLG, LLC
  • Manufacturing
  • 6,400 SF
  • £6.93
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
TNGLG, LLC Manufacturing 6,400 SF £6.93 -

Links

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PROPERTY TAXES

Parcel Number 143089-102-040-0001-010-100 Improvements Assessment £731,770
Land Assessment £94,422 Total Assessment £826,192

PROPERTY TAXES

Parcel Number
143089-102-040-0001-010-100
Land Assessment
£94,422
Improvements Assessment
£731,770
Total Assessment
£826,192

zoning

Zoning Code 05C
05C
(215) 618-2025

Contact

  • Listing ID: 34183347

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 1850 Dale Rd, Cheektowaga, NY 14225

The Industrial Property at 1850 Dale Rd, Cheektowaga, NY 14225 is currently available for sale. Contact Sands Investment Group for more information.

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© 2024 CoStar Group

Value-Add Industrial/Flex Building | 1850 Dale Rd
(215) 618-2025 x

Value-Add Industrial/Flex Building | 1850 Dale Rd

Griffin Reath

(215) 618-2025

(215) 618-2025

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