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689 E Ridge Rd
Rochester, NY 14621
Octapharma | 12.5yr Corp NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand-New Lease | Corporate Signed | Scheduled Rental Increases | Signalized, Hard Corner Intersection | Options To Extend
  • State Highway 104 | Primary Retail Corridor | Outparcel to Walmart Supercenter Anchored Center
  • NNN Lease | Limited Landlord Responsibilities | Fee Simple Ownership | New Roof w/ Transferable Warranty
  • Strong Demographics in 5-Mile Trade Area

EXECUTIVE SUMMARY

Octapharma is located near the signalized, hard corner intersection of Ridge Rd and Hudson Ave with a combined 33,400 vehicles passing by daily. Ridge Rd, is the major retail thoroughfare serving the city of Rochester. The property is also adjacent to State Highway 104 (82,200 VPD), a major east/west freeway serving western New York. The site also benefits from excellent visibility via significant street frontage and a large pylon sign. Octapharma is an outparcel to a Walmart Supercenter anchored center that also features national/credit tenants including Pep Boys and T-Mobile. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Target, The Home Depot, Walgreens, ALDI, Harbor Freight Tools, Esporta Fitness, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. The 5-mile trade area is supported by more than 312,000 residents and over 201,000 employees, providing a direct consumer base from which to draw. Residents within 5 miles of the site boast an average household income of $62,931.

PROPERTY FACTS

Property Type Retail
Property Subtype
Freestanding
  • General Retail Drugstore
Building Class B
Lot Size 1.35 AC
Gross Leasable Area 13,274 SF
No. Stories 1
Year Built 2002
Tenancy Single
Parking Ratio 3.69/1,000 SF
APN / Parcel ID 263400-091-070-0001-089-110
Cross Streets Husdon Ave.
Zoning C-3 - Regional Destination Center

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Listing ID: 25495505

  • Date on Market: 4/18/2022

  • Last Updated:

  • Address: 689 E Ridge Rd, Rochester, NY 14621

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