3127 Chili Ave & Paul Road
Rochester, NY 14624 ·
14,820 SF · Retail For Sale
|Price||N/A||Property Use Type||Net Lease Investment with 10+ years left on lease|
|Building Size||14,820 SF||Cap Rate||7.50%|
|Property Sub-type||Free Standing Bldg|
|Listing ID: 16403924||Date Created: 09/22/2009||Last Updated: 03/12/2010|
This unique signle-tenant net-leased investment gives a savvy investor the opportunity to acquire a long-term net lease property with an A-rated tenant in the well established retail corridor of Rochester, NY. The store construction is completed and commenced rent on January 1, 2009. This site will enjoy a fense residential population just to the northeast of the site and within three miles boast of more than 13,00 households and 32,000 or more people.
The site is strategically located at the main retail intersection serving this southwest suburb of Rochester and shares the intersection with a Wegman's grocery-anchored shopping center, Mobil gas station and Big Kmart. Chili Avenue is a four-lane (with turn lane) corrido that connects with I-390 just a few miles to the northeast and has a daily traffic count of 13,200 AADT. Paul Road is a two-lane (with turn lane) corridor that connects to I-490 less than one mile to the west and has a daily traffic count of 8,700 AADT.
3127 Chili Ave & Paul Road, Rochester, NY 14624 (Monroe County)
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