Absolute NNN Investment Property
Market Price
3603 Mount Read Blvd, Rochester, NY 14616
4,317 sqft
Building Size
1.46 acres
Lot Area
Details:
Highlights:
- 10% Bumps for each option, growing NOI and hedging against inflation
- Tenant pays utilities, taxes, and maintains all aspects of the premises
- No landlord responsibilities
- 7-year initial term
- Two 5-year options
Description:
4,304 SF bank branch with fifty parking spaces and a drive-thru. Built in 2010, this building is in exceptional condition and is located on a busy intersection. Located on the AM side of the road next to Wegmans. NOI of 90,000/yr.
This investment property is located in Greece, NY, a suburb on the northwest side of the Rochester MSA. Wegmans, ALDI, and Tops combine with Walgreens to give this location a great community feel. The available building is near the intersection of Mount Read and Maiden, next to Wegmans. Mount Read Boulevard is a major north/south road for commuters and traffic. Other national retailers in the trade area include Dollar General, Burger King, Dunkin', and Tim Hortons.
1 Space Available
Former Bank Branch, Suite Unknown Sub Type
Documents:
| Title | ||
|---|---|---|
| Lease Brochure | ||
| 3603_Mt_Read_Blvd_OM.pdf |
Location
Gallery
