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Saint-Gobain Industrial Ceramics 6600 Walmore Rd

625,372 SF Industrial Building Niagara Falls, NY 14304 $6,000,000 ($10/SF) 5.08% Cap Rate

Executive Summary

6600 Walmore Road is a 55.10-acre property that includes three commercial condos and is located in the vibrant submarket of Wheatfield. Partially occupied, the Property is a covered land play that would provide investors and developers with an opportunity to acquire long term certain cash flow as well as significant future development upside on the unoccupied improvements situated on the remaining 48 acres. The Property is the second largest development in the Wheatfield Submarket and presents the most potential for new development. Its adjacency to the Niagara Falls International Airport and proximity to the Canadian border anchor the Property’s value.

Property Facts

Price $6,000,000
Price Per SF $10
Sale Type Investment NNN
Cap Rate 5.08%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 55.10 AC
Rentable Building Area 625,372 SF
No. Stories 1
Year Built/Renovated 1942/2007
Tenancy Single
Parking Ratio 0.64/1,000 SF
Clear Ceiling Height 32 FT
No. Dock-High Doors/Loading 11
No. Drive In / Grade-Level Doors 2
Parcel Number 294000-146-000-0001-009-002

Amenities

  • Fenced Lot

zoning

Zoning Code M-2
M-2
  • Listing ID: 29462460

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 6600 Walmore Rd, Niagara Falls, NY 14304

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