1471 Mount Hope Ave - Retail FOR SALE


Rochester, NY 14620- Strong
$2,153,846 USD
214-692-2289
1471 Mount Hope Ave, Rochester, NY for Sale
$2,153,846 USD
Retail - FOR SALE
1/4
null | 6.5% Cap Rate

1471 Mount Hope Ave
Rochester, NY 14620
Strong


HIGHLIGHTS

  • Brand new 2024 build-to-suit construction
  • 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
  • 10% rent increases every 5 years for the entire term of the lease (base + options)
  • The property qualifies for bonus depreciation (consult with a tax professional for details)
  • Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
  • Affluent demographics with an average household income of $90,241 annually (5-mile radius)

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,153,846 USD

PRICE/SF

$1,496 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

261400 136.61-1-28.001

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.