1908 W Ridge Rd | Rochester, NY 14615
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- LoopNet Team
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
| Parcel Number | 262800 074.16-3-22.1 | Improvements Assessment | $409,700 |
| Land Assessment | $67,500 | Total Assessment | $477,200 |
Property Taxes
Parcel Number
262800 074.16-3-22.1
Land Assessment
$67,500
Improvements Assessment
$409,700
Total Assessment
$477,200
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