This Retail Property is Off-Market.

630 West Ridge Road
Rochester, NY 14615 ·

77,968 SF · Retail For Sale

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West Ridge Plaza

Price N/A Cap Rate 8%
Gross Leasable Area 77,968 SF Occupancy 89%
Property Type Retail Tenancy Multiple
Property Sub-type Neighborhood Center Year Built 1963
Property Use Type Investment
Listing ID: 14239302 Date Created: 06/14/2005 Last Updated: 01/24/2006

Description

West Ridge Plaza has recently undergone a multi-million dollar renovation, including a redesigned façade, new storefronts, a new roof, a new parking lot, upgraded fire prevention systems, integrated landscaping, and a six-bay self-service car wash. Tenants include Family Dollar, Subway, Rent-A-Center, Century Liquor & Wine ($18 Million in 2004 Sales), Bathtub Billy s Sportsbar and Restaurant, Domm s Bowling Center, Skip s Meat Market, ROC Communications, and Abbott s Frozen Custard. Very well established, long-term tenants. Most tenants full NNN leases. Potential upside through lease-up. PLEASE E-MAIL FOR CONFIDENTIALITY AGREEMENT.

This neighborhood shopping center is adjacent to Kodak Park and its 27,000 employees, just west of Lake Avenue on the north side of West Ridge Road.

Highlights

  • 2004 $2M Renovation of entire property
  • Long-term Tenant Mix of National, Regional, and Local Tenants
  • Proven High Traffic Location - 50,000 CPD
  • 3.5% Management Offered - NO OWNER OBLIGATIONS
  • Well Below Replacement Cost
  • NO Assumable Debt

Research

630 West Ridge Road, Rochester, NY 14615 (Monroe County)

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