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Walgreens 1650 Elmwood Ave 14,736 SF Retail Building Rochester, NY 14620 $5,333,000 ($361.90/SF) 8.25% Cap Rate
Investment Highlights
- 7+ Years Remaining | Options To Extend | Termination Options
- Strong Demographics In 5-Mile Trade Area
- NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,736 SF
Building Class
B
Year Built
1986
Price
$5,333,000
Price Per SF
$361.90
Cap Rate
8.25%
NOI
$439,973
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.70 AC
Zoning
C-2
Parking
75 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
120’ on Elmwood Ave
Amenities
- Corner Lot
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 262000-136-110-0002-063-000 | Improvements Assessment | $2,356,600 |
| Land Assessment | $738,000 | Total Assessment | $3,094,600 |
Property Taxes
Parcel Number
262000-136-110-0002-063-000
Land Assessment
$738,000
Improvements Assessment
$2,356,600
Total Assessment
$3,094,600
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Walgreens | 1650 Elmwood Ave
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