2152 Nine Mile Point Rd - Restaurant FOR SALE
Fairport, NY 14450 |
$2,875,000 USD
864-203-0091
2152 Nine Mile Point Rd
Fairport, NY 14450
HIGHLIGHTS
- STRONG AND ESTABLISHED TENANT - This property is leased to Panera Bread, one of the nation’s most trusted and renowned fast-casual restaurant chains.
- With over 2,100 locations nationwide and a solid presence in the Rochester area, Panera Bread is a reliable and creditworthy tenant
- PRIME LOCATION - Situated directly across the street from a 300,000+ SF retail power center anchored by national giants like Target, Wegmans
- Proximity to other national credit tenants, including ALDI, The Home Depot, Staples, Walgreens, Taco Bell, McDonald’s
- EXCEPTIONAL DEMOGRAPHICS - Rochester is a booming market in Upstate New York, home to over 100,000 residents in a 5 mile radius of the investment.
- Penfield, NY is one of the most affluent suburbs in the Rochester MSA with an average household income over $113,000 within a 1-mile radius
FOR SALE DETAILS
PRICE
$2,875,000 USD
PRICE/SF
$663 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.26 AC
LAND SF
54,886 SF
ZONING
-
APN/PARCEL ID
264200-140-010-0002-070-121
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864-203-0091
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864-203-0091
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