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690 Long Pond Rd 4,770 SF Retail Building Greece, NY 14612 $5,900,000 ($1,236.90/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 Deposits of $182,005,000—18% increase since 2020, 62% increase since 2015
- Building is on a corner lot next to the signalized entrance
- Tenant pays utilities, taxes, and maintains all aspects of the premises—No landlord responsibilities
- Located along Long Pond Rd, a main north/south road in Greece, NY
EXECUTIVE SUMMARY
local and regional banks and credit unions.
Rochester is home to a number of Fortune 1000 companies and international businesses including Eastman Kodak, Carestream
Healthcare, Bausch & Lomb and Paychex. The region has what successful businesses need: a talented and competitively-priced
labor pool, competitive tax incentives, and prime real estate at costs well below the national average. The region’s key industries include advanced manufacturing, food and beverage manufacturing, optics, photonics and imaging, biotech and life sciences, energy innovation and software and IT services. Rochester’s 1,500 manufacturers employ 12.5% of the local workforce.
The area is known for its increasingly diverse high technology sphere encompassing STEM fields. Several of the region’s universities have renowned research programs, including the University of Rochester and the Rochester Institute of Technology. These institutions produce an educated workforce that generates cutting-edge research programs, driving the city’s innovation and technology sectors.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Chase Bank, officially JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., the largest bank in the United States by assets. Its origins trace back to The Manhattan Company, founded in 1799, and Chase National Bank, established in 1877. The two merged in 1955 to form Chase Manhattan Bank, which later combined with J.P. Morgan & Co. in 2000 to create JPMorgan Chase & Co. Today, Chase provides a wide range of financial services, including retail banking, credit cards, mortgages, auto loans, and business banking. Headquartered at 270 Park Avenue in New York City, JPMorgan Chase operates globally and trades publicly on the NYSE under the ticker symbol JPM. The company employs over 317,000 people and manages assets exceeding $4 trillion. [en.wikipedia.org], [en.wikipedia.org], [bing.com]
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 262800-045-030-0004-020-112 | Improvements Assessment | $1,008,600 |
| Land Assessment | $108,000 | Total Assessment | $1,116,600 |
PROPERTY TAXES
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690 Long Pond Rd
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