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Basin Tech Centre 1120 Pittsford Victor Rd 38,560 SF 100% Leased Office Building Pittsford, NY 14534 $7,215,000 ($187.11/SF) 10% Cap Rate
Executive Summary
1120 Pittsford Victor Road is a freestanding; multi-tenanted building leased to TOPTICA Photonics and Monroe Plan for Medical Care located in the highly desirable Route-96 corridor in the Town of Perinton.
This property, in conjunction with recent long-term leases, has undergone significant capital improvements of over $2 million. Upgrades include HVAC improvements, new heat pumps, fully comprehensive service/maintenance contract, specialized lab, clean room, and R&D space added, addition of a new loading dock, and 12 electric vehicle charging stations.
All three floors have received interior build-out upgrades to modernize the space, including a full conversion to LED lighting throughout the Building.
Contact for more information
This property, in conjunction with recent long-term leases, has undergone significant capital improvements of over $2 million. Upgrades include HVAC improvements, new heat pumps, fully comprehensive service/maintenance contract, specialized lab, clean room, and R&D space added, addition of a new loading dock, and 12 electric vehicle charging stations.
All three floors have received interior build-out upgrades to modernize the space, including a full conversion to LED lighting throughout the Building.
Contact for more information
Property Facts
Sale Type
Investment
Property Type
Building Size
38,560 SF
Building Class
B
Year Built/Renovated
1999/2022
Price
$7,215,000
Price Per SF
$187.11
Cap Rate
10%
NOI
$721,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,853 SF
Slab To Slab
11’
Building FAR
0.24
Lot Size
3.65 AC
Zoning
Restricted Business - Restricted Business
Parking
150 Spaces (3.89 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Property Taxes
| Parcel Number | 264489-179-040-0001-003-220 | Improvements Assessment | $3,478,300 |
| Land Assessment | $371,700 | Total Assessment | $3,850,000 |
Property Taxes
Parcel Number
264489-179-040-0001-003-220
Land Assessment
$371,700
Improvements Assessment
$3,478,300
Total Assessment
$3,850,000
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Basin Tech Centre | 1120 Pittsford Victor Rd
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