Retail Space /NY /Monroe County /Rochester /2100 E Ridge Rd
Retail Space /NY /Monroe County /Rochester /2100 E Ridge Rd

2100 E Ridge Rd - Freestanding FOR SALE


Rochester, NY 14622 | 
$4,700,000 USD
404-441-3849
2100 E Ridge Rd, Rochester, NY for Sale
$4,700,000 USD
Freestanding - FOR SALE
1/12
null | 7.49% Cap Rate
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2100 E Ridge Rd
Rochester, NY 14622

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HIGHLIGHTS

  • Absolute NNN Lease with Corporate Guaranty
  • Proximate to Rochester General Hospital
  • Hard Corner Site at Signalized Intersection
  • Educational Traffic Drivers
  • Strong annual store-level sales
  • Options 1-10 NOI: $393,000 gives an investor opportunity to increase unlevered return to 8.35% throughout options

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 14,805 square-foot Walgreens located in Irondequoit, NY. Walgreens’ absolute NNN lease features 10.0 years of term remaining with ten, 5-year renewal options.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens: Irondequoit, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

05

APN/PARCEL ID

263400-077-180-0002-062-100

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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