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1908 W Ridge Rd
Rochester, NY 14615
Verizon Wireless in Rochester, NY · Retail Property For Sale

Investment Highlights

  • Corporate Backed Lease – Verizon signed a 10-year lease which commenced in June of 2015
  • BBB+ Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues of over $128 billion in 2020
  • Immediate Proximity to The Mall at Greece Ridge – 1.4 million square foot regional mall anchored by Target, JC Penney, Macy’s & Dick’s Sporting Goods
  • 10% Rent Increases – The lease provides for 10% rent increases every 5 years during both the initial term and two 5-year renewal options
  • Outparcel to Rochester Airport Marriott – 210 room facility with indoor pool and fitness center
  • Densely Populated Area – Over 89,700 residents within a 3-Mile Radius and over 236,000 Residents within a 5-Mile Radius

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,500 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.84 AC
Zoning
C - Commercial

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
262800 074.16-3-22.1
Land Assessment
$67,500
Improvements Assessment
$409,700
Total Assessment
$477,200
  • Listing ID: 24627730

  • Date on Market: 12/8/2021

  • Last Updated:

  • Address: 1908 W Ridge Rd, Rochester, NY 14615

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