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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

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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

The Chase Bank investment property located in Greece, NY, a suburb of the Rochester, NY MSA. The Chase Bank branch is located at the entrance to the Greece Business Park, a multi-tenant development. Tenants in the development include Burger King, Starbucks, Go Carwash, M&T Bank, ALDI, and University of Rochester Medical Labs medical office building. Across the street is a Wegmans-anchored neighborhood shopping center, with Pet Supplies Plus, Keybank, Brueggers Bagels, UPS Store, and several local businesses. Other retailers in the trade area include Wendy’s, Walgreens, Tractor Supply Co., McDonalds, YMCA, and several
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

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,770 SF
Building Class
B
Year Built
1990
Price
$5,900,000
Price Per SF
$1,236.90
Cap Rate
5%
NOI
$295,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
6.00 AC
Zoning
05
Parking
44 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
123’ on Long Pond Rd

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

JPMorgan Chase is a leading global financial services firm with a diversified portfolio of banking, investment, and asset management services. The company traces its roots back to 1799 and was officially formed through the merger of J.P. Morgan & Co. and Chase Manhattan Bank in 2000. Headquartered in New York, JPMorgan Chase operates across multiple business segments, including consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. The firm serves millions of consumers, small businesses, corporations, and governments worldwide. It is publicly traded on the New York Stock Exchange under the ticker symbol JPM. Over the years, JPMorgan Chase has played a significant role in major financial transactions and market developments, maintaining a strong presence in global capital markets.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Starbucks
KeyBank
Tim Hortons
Wegmans
Ymca
Northwest Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
262800-045-030-0004-020-112
Land Assessment
$108,000
Improvements Assessment
$1,008,600
Total Assessment
$1,116,600
  • Listing ID: 38672790

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 690 Long Pond Rd, Greece, NY 14612

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