For Sale
$56,400,000
3920 Bayview Rd Buffalo, NY 14219
High-yield, Net Lease Amazon property
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- 2022 build-to-suit (BTS) delivery, replicating Amazon's last-mile prototype.
- 9+ years remaining on a 12-year lease with Amazon.com Services, LLC, including a corporate guaranty from Amazon.com, Inc. (lease commenced March 1, 2022).
- 2% annual rent increases throughout the primary lease term and four 5-year renewal options with the same 2% annual increases.
- Tenant (Amazon) responsible for property taxes and insurance; limited landlord responsibilities for site and building.
Property Details for 3920 Bayview Rd
- Property type
- Industrial properties, Distribution centers
- Square Feet
- 183,628 SF
- Class
- A
- Year Built
- 2022
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 2,522,124 SF
- Units
- 1
Location Insight
- City
- Buffalo
- County
- Erie
- State
- New York
- Latitude
- 42.7768327
- Longitude
- -78.8523091
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - High-yield, Net Lease Amazon property
- Where is the industrial property located?
- The property is located at 3920 Bayview Rd Buffalo, NY.
- What is the asking price?
- The asking price for this property is $56,400,000.
- What are key features of this property?
- This property features: 2022 build-to-suit (BTS) delivery, replicating Amazon's last-mile prototype.; 9+ years remaining on a 12-year lease with Amazon.com Services, LLC, including a corporate guaranty from Amazon.com, Inc. (lease commenced March 1, 2022).; 2% annual rent increases throughout the primary lease term and four 5-year renewal options with the same 2% annual increases.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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