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130 Pixley Rd 3,648 SF Retail Building Gates, NY 14624 $3,125,000 ($856.63/SF) 5.60% Cap Rate
Investment Highlights
- The tenant recently signed a brand new 15 years lease, showing their commitment to the location.
- Corporate Guarantee - Backed by Restaurant Brands International (RBI) providing the owner with additional nancial security backed by one of the larges
- High performing store with sales above the national average.
- Absolute NNN lease provides for stable, headache-free income.
- Long-term operating history with over 40+ years at this location.
Executive Summary
Introducing an exceptional investment opportunity at 130 Pixley Rd, Rochester, NY 14624. This property boasts a newly signed 15-year lease, solidifying tenant commitment, and offering stable income with a 5.6% CAP rate. The absolute NNN lease ensures a hassle-free investment, backed by a corporate guarantee from Restaurant Brands International (RBI). With annual rent of $175,000 and increases set at 10% every 5 years, this 3,648 SF building on 0.73 acres promises long-term financial security. Positioned in a high-traffic retail corridor with a strong demographic profile, the site benefits from over 170,000 people within a 5-mile radius. Don't miss the chance to own a property with over 40 years of operating history, sales exceeding national averages, and the support of a major quick-service restaurant corporation.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,648 SF
Building Class
C
Year Built
1976
Price
$3,125,000
Price Per SF
$856.63
Cap Rate
5.60%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.73 AC
Zoning
05
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
67’ on Pixley Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 262600-119-130-0001-004-000 | Improvements Assessment | $1,348,200 |
| Land Assessment | $154,000 | Total Assessment | $1,502,200 |
Property Taxes
Parcel Number
262600-119-130-0001-004-000
Land Assessment
$154,000
Improvements Assessment
$1,348,200
Total Assessment
$1,502,200
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130 Pixley Rd
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