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- LoopNet Team
1 Woodbury Blvd
Rochester, NY 14604
Woodbury Place · Property For Lease
·
32,670 SF

HIGHLIGHTS
- Perfect opportunity for a 1000 SF cafe, full service F&B or creative office user
- Centrally located and highly accessible from all corners of the market and visible from 490 E/W
- Excellus, ESL, M&T Bank, Strong Museum of Play, Geva Theatre, Morgan Management's $32M, five-story mixed-use project are located within 2 blocks
- GEOTHERMAL system in place for reduced energy costs
- 24/7 video surveillance on the parking and the building
- OFF-STREET PARKING, ON-STREET PARKING, AND GARAGE PARKING OPTIONS
ABOUT THE PROPERTY
The development team at Woodbury Boulevard is excited to present this robust opportunity to for an entrepreneur to become an integral and permanent fixture of the emerging Center City Rochester food scene. IT HAS BEEN ESTABLISHED THAT A VERY LARGE AND PRESENT GAP EXISTS IN THE F&B CATEGORY WITHIN THE DOWNTOWN MARKETPLACE. This gap is important because it is the largest quantifiable indicator of achievable success for a well-positioned downtown food and beverage establishment. Rochester was compared to a handful of other old industrial cities, and was identified as having the largest over-all gap and the highest earning potential out of any of these cities. It has been determined that there is an $8 million Retail Gap for total F&B and a $26 million Retail Gap for limited service F&B (Retail Gap figures recognize a positive(+) difference between demand and supply). Taking into consideration the day population of nearly 50,000 people, there is approximately $100M left on the table in food and beverage consumption per year. Accounting for students and visitors amplifies that figure significantly. The strong trend towards the revitalization of downtown living, a walkable environment and urban core is evident by increased traffic patterns, young professionals, students and empty-nesters seeking creative modern living spaces, and real estate developers capitalizing on the growing demand. However, lagging behind are food and beverage establishments; the Downtown market is grossly under-served. One Woodbury Place has approx 3600 SF to work with including remodeled basement space. This space can be demised to fit your desired footprint. There is a dedicated entrance and exposure on Woodbury Blvd. The location of this property offers strong visibility for your business with very high traffic counts on the adjacent 490E on-ramp as well as dedicated parking options for your employees and customers. This is the perfect location for a cafe, food truck home base, quick or full service F&B, as well as a creative flex/office user. Neighbors include Excellus, ESL, M&T Bank, Strong Museum of Play, Geva, Turner Engineering, ect. There are inherent advantages in seizing the opportunity to service the existing neighboring population for breakfast,lunch and dinner.
PROPERTY FACTS
| Property Type | Multifamily | Building Size | 32,670 SF |
| Property Subtype |
Apartment
|
Year Built | 2016 |
| Apartment Style | Low-Rise |
| Property Type | Multifamily |
| Property Subtype |
Apartment
|
| Apartment Style | Low-Rise |
| Building Size | 32,670 SF |
| Year Built | 2016 |
Listing ID: 8509666
Date on Market: 8/7/2017
Last Updated:
Address: 1 Woodbury Blvd, Rochester, NY 14604
The Downtown Rochester Multifamily Property at 1 Woodbury Blvd, Rochester, NY 14604 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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