2580 Manitou Rd - Distribution FOR SALE
Rochester, NY 14624 |
2580 Manitou Rd
Rochester, NY 14624
HIGHLIGHTS
- Lease guaranty from FedEx corporation S&P “BBB” bond investment grade credit rating with globally recognized tenant
- Rare 2.50% annual rent increases on recent early 10-year renewal with successful 20+ year operating history
- Build to suit construction on large parcel with drive-around truck access, expansive loading capacity & parking with direct access to freeways
- Strategic location with frontage along Highway 531 (36,332 CPD) near intersect with Interstate 490 (21,000 CPD)
- Quick access to downtown Rochester and just 7 miles to greater Rochester international airport with a FedEx cargo terminal onsite
- Located in Rochester, the 3rd-largest city in New York with a globally recognized economy
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
FedEx Distribution Facility
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
22 Ft
DOCKS
6
DRIVE INS
12
PARKING SPACES
330
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
262600-118-050-0001-006-000,262600-118-050-0001-014-000
