4084 W Henrietta Rd - Freestanding FOR SALE


Rochester, NY 14623
$714,755 USD
323-609-4405
4084 W Henrietta Rd, Rochester, NY for Sale
$714,755 USD
Freestanding - FOR SALE
1/4
null | 9% Cap Rate

4084 W Henrietta Rd
Rochester, NY 14623


HIGHLIGHTS

  • MORE THAN 2 YEARS REMAINING | ANNUAL RENTAL INCREASES | REPUTABLE OPERATOR
  • EXCELLENT VISIBILITY | LOCATED OFF W HENRIETTA ROAD | LOCATED ALONG MAJOR THOROUGHFARE
  • STRONG DEMOGRAPHICS IN 5-MILE TRADE AREA | HIGH BARRIERS TO ENTRY SUBMARKET
  • LIMITED LANDLORD RESPONSIBILITIES | LOW-MANAGEMENT

OVERVIEW

TWG is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, freestanding, South Towne Veterinary Hospital investment property located in Rochester, NY. The Tenant, Community Veterinary Partners, has over 2 years remaining in their initial term with two 5-year options to extend. CVP invested in a remodel in 2020 demonstrating their commitment to this location. The lease features annual rental increases of 1%. The lease is a triple net with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Today, Community Veterinary Partners has a collective of over 3,000 unique veterinary care providers dedicated to bringing joy to families through their unwavering care for beloved pets. The mission of this collective is to spread happiness among families by offering the highest quality care to their cherished pets. South Towne Veterinary Hospital  is strategically located on W Henrietta Road. The site benefits from superior visibility via significant street frontage and a (Sign monument sigh situated along W Henrietta Road. It shares this busy Rochester area with businesses like Lowe’s, Dunkin’, Target and Starbucks. The location benefits from the frequent street traffic of  W Henrietta Road, which sees  21,503 vehicles daily. The 5-mile trade area is supported by a population of 108,384 and 75,352 daytime employees with an average household income of $102,776.

FOR SALE DETAILS

PRICE

$714,755 USD

PRICE/SF

$111 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,527 SF

ZONING

05

APN/PARCEL ID

263200-161-190-0001-069-000

ASK ABOUT THIS PROPERTY

Brian WineTWGREMore Info
323-609-4405

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Brian WineTWGREMore Info
323-609-4405

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