$7,060,000 USD
630-854-9717
370 E Ridge Rd
Rochester, NY 14621
Outer Irondequoit
HIGHLIGHTS
- STRATEGIC LOCATION – Situated within a prominent retail corridor, the property lies less than two miles from the 528-bed flagship Rochester General.
- ATTRACTIVE DEMOGRAPHICS – Within a 5-mile radius of the property the population is 313,859, thus providing a strong patient base.
- ATTRACTIVE REAL ESTATE – Constructed in 2005, the property features attractive finishes and with an institutional quality curb appeal.
- VALUE-ADD OPPORTUNITY – It has been communicated to ownership that Rochester Regional Health may need to relocate their services to another location.
- FAVORABLE LEASE STRUCTURE-The property is subject to triple-net(NNN) leases under which the tenant is responsible for all operating expenses.
FOR SALE DETAILS
PRICE
$7,060,000 USD
PRICE/SF
$246 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
2.81 AC
LAND SF
122,403 SF
ZONING
05
APN/PARCEL ID
263400-091-060-0005-037-100
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630-854-9717
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630-854-9717
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