Walgreens 1650 Elmwood Ave 14,736 SF Retail Building Rochester, NY 14620 $5,500,000 ($373.24/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 7+ Years Remaining | Options To Extend | Termination Options
- Strong Demographics In 5-Mile Trade Area
- NNN | Fee Simple Ownership | Zero Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,736 SF
Building Class
B
Year Built
2007
Price
$5,500,000
Price Per SF
$373.24
Cap Rate
8%
NOI
$440,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.70 AC
Zoning
C-2
Parking
75 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
120’ on Elmwood Ave
AMENITIES
- Corner Lot
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 262000-136-110-0002-063-000 | Improvements Assessment | $2,356,600 |
| Land Assessment | $738,000 | Total Assessment | $3,094,600 |
