CALIBER COLLISION 4401 Lake Ave 15,418 SF Retail Building Rochester, NY 14612 $1,851,000 ($120.05/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGH VISIBILITY - Located at the end of the 132 Highway, this Caliber Collision is primely positioned for high visibility and large traffic volumes.
- AFFLUENT REGION - The average household income within a 3-mile radius is $92,976.
- LARGE LOT - Ideal ±15,418 SF prototype for Caliber Collision situated on a massive lot- ±1.75 total AC.
- ENTERTAINMENT AREA - Located on the shore, this location sits minutes away from local attractions such as the Ontario Beach Park, and more.
- INVESTMENT GRADE TENAN - Corporate guaranteed lease by Caliber Collision Corporate (±1,600 locations with estimated $4B annual revenue).
- INDUSTRY LEADER - Caliber Collision is the world’s leader in repair centers. Restoring 850,000+ vehicles every day with ±1,100 locations.
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
Cory Rosenthal
License No. 10991237833 (NY)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
15,418 SF
Building Class
C
Year Built
1965
Price
$1,851,000
Price Per SF
$120.05
Cap Rate
8%
NOI
$148,080
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.75 AC
Opportunity Zone
Yes
Parking
18 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
114’ on Lake Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 261400-047-620-0002-041-000-0000 | Improvements Assessment | $198,800 |
| Land Assessment | $70,000 | Total Assessment | $268,800 |
