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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)
% Leased:
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.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Vision Development, Inc.
James Donegan
(315) 482-1008
View all my listings
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