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1375 Marketplace Drive, Rochester, NY

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1375 Marketplace Drive

Rochester, NY 14623 - South Central Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2002
Building Size:22,358 SF Land Area:.77 AC (33,367 SF)
For Sale Price:$2,325,000 Price/SF:$103.99
Cap Rate:7.00 %
Parking:320 Surface spaces are available Anchor Tenants:Pep Boys Auto, PEPBOYS AUTO
Features:A/C, Bus Line, Dedicated Turn Lane, Signage


Rent Schedule:

25 Year Fixed Term Annual Monthly

9/1/92-8/31/97 $100,000.00 $8,333.33
9/1/97-8/1/02 $110,000.00 $9.166.67
9/1/02-8/31/07 $121,000.00 $10,083.33
9/1/07-8/31/12 $133,000.00 $22,083.33
9/1/12-8/31/17 $146.410.00 $12,200.83


Options Periods:
Three 5 year options

1st option term $161,051.00 $13,420.92
2nd option term $177,156.00 $14,763.92
3rd option term $194,872.00 $16,239.33

Sale Notes:
Leased on a 25 year fixed term NNN investment.

Vision Development, Inc.
James Donegan
(315) 482-1008




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