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400 West Avenue 400 West Ave 262,076 SF 92% Leased Flex Building Rochester, NY 14611 $40,339,597 ($153.92/SF) 7.90% Cap Rate
Investment Highlights
- Long-Term Credit Tenancy: RG&E, AT&T, and Action for a Better Community
- 91.7% Occupied
- Regional Utility Hub
- Mission-Critical Infrastructure
- Strategic Access
Executive Summary
400 West Avenue is a mission-critical industrial asset anchored by long-term credit tenants in the utility, telecommunications, and nonprofit sectors. The property offers stable in-place cash flow, strategic access to major transportation corridors, and serves as a key regional utility hub, making it a compelling investment opportunity with strong tenant credit and long-term stability.
Property Facts
| Price | $40,339,597 | Rentable Building Area | 262,076 SF |
| Price Per SF | $153.92 | No. Stories | 3 |
| Sale Type | Investment NNN | Year Built/Renovated | 1955/2001 |
| Cap Rate | 7.90% | Parking Ratio | 1.23/1,000 SF |
| Property Type | Flex | No. Dock-High Doors/Loading | 14 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 18.30 AC | ||
| Zoning | M-1 - M-1 (Industrial) | ||
| Price | $40,339,597 |
| Price Per SF | $153.92 |
| Sale Type | Investment NNN |
| Cap Rate | 7.90% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 18.30 AC |
| Rentable Building Area | 262,076 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1955/2001 |
| Parking Ratio | 1.23/1,000 SF |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1 - M-1 (Industrial) |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl - 2
- 24,000 SF
- Flex
- -
- Now
- 3rd Fl - 7
- 13,300 SF
- Flex
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 9,000 SF | Office | - | Now |
| 2nd Fl - 2 | 24,000 SF | Flex | - | Now |
| 3rd Fl - 7 | 13,300 SF | Flex | - | Now |
2nd Floor
| Size |
| 9,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl - 2
| Size |
| 24,000 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl - 7
| Size |
| 13,300 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
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Map
2nd Floor
| Size | 9,000 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 261400 120.40-1-2.004 | Improvements Assessment | $5,447,700 |
| Land Assessment | $585,000 | Total Assessment | $6,032,700 |
Property Taxes
Parcel Number
261400 120.40-1-2.004
Land Assessment
$585,000
Improvements Assessment
$5,447,700
Total Assessment
$6,032,700
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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