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2133 Hudson Ave
Rochester, NY 14617
M&T Bank | Absolute NNN Lease · Retail Property For Sale

Investment Highlights

  • Corporate-Guaranteed NNN Lease With ±4.5 Years Remaining With Scheduled Rental Increases in Option Periods
  • 40+ Year Successful Operating History | Nearly $100M Deposits in 2025 (Top 75th Percentile Location in America per Placer.ai)
  • Strong Regional Economic Fundamentals
  • Established Branch in a High-Traffic Prime Location Along Hudson Avenue In The Rochester MSA
  • Proven Operational Stability With Strong Visibility And Access

Executive Summary

Marcus & Millichap is pleased to offer a corporate-guaranteed NNN M&T Bank located at 2133 Hudson Avenue in Irondequoit, NY, within the Rochester MSA. The asset delivers passive, stable income backed by a publicly traded financial institution with a long-established operating history. The branch benefits from 40+ years of continuous operation, demonstrating strong performance and long-term viability at this site. The lease provides ±4.5 years of remaining term, with two renewal options featuring 7.5% and 5% rent increases, offering durable cash flow and built-in income growth.
The property is strategically positioned along Hudson Avenue, a heavily traveled corridor serving dense suburban neighborhoods and connecting directly to downtown Rochester. The surrounding trade area includes national retailers, neighborhood services, and major shopping centers, creating consistent daily traffic and strong consumer demand. The immediate area continues to benefit from new residential and commercial development, reinforcing long-term stability.
The Rochester MSA is a 1.06 million-person economy anchored by major institutions such as the University of Rochester, Rochester Regional Health, and Wegmans. With a diversified employment base, strong household incomes, and ongoing public and private investment, the region provides a solid foundation for long-term net-lease performance.
This offering represents an opportunity to acquire a high-quality, passive NNN investment with a strong corporate guaranty, proven operational history, and a prime suburban location within a stable and growing Northeast market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,360 SF
Building Class
C
Year Built
1990
Price
$1,293,341
Price Per SF
$384.92
Cap Rate
5.75%
NOI
$74,367
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Lot Size
20.30 AC
Zoning
05
Parking
30 Spaces (8.92 Spaces per 1,000 SF Leased)
Frontage
51’ on Hudson Ave

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru
  • Listing ID: 40567683

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 2133 Hudson Ave, Rochester, NY 14617

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