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Panera Bread 7651 NY-96 4,300 SF Retail Building Victor, NY 14564 $3,427,427 ($797.08/SF) 7.85% Cap Rate
Executive Summary
Located within Victor’s primary retail corridor anchored by Eastview Mall, a 1.3 million square foot regional destination featuring tenants including Von Maur, Dick’s House of Sport, and a planned Bass Pro Shops, drawing consumers from across the Rochester MSA and Finger Lakes region
Immediate proximity to national retailers and quick service brands including McDonald’s, Starbucks, Chipotle, and Target, driving consistent daily traffic and cross shopping demand
Positioned on a 2 acre site with strong visibility and access along Route 96, offering long term intrinsic land value within a supply constrained retail corridor
Supported by nearby hotels including Hampton Inn & Suites Rochester Victor and Homewood Suites, capturing consistent out of town traffic from retail, business, and regional travel
Located at the gateway to the Finger Lakes region near Canandaigua Lake, benefiting from year round tourism, weekend visitation, and affluent suburban growth
Immediate proximity to national retailers and quick service brands including McDonald’s, Starbucks, Chipotle, and Target, driving consistent daily traffic and cross shopping demand
Positioned on a 2 acre site with strong visibility and access along Route 96, offering long term intrinsic land value within a supply constrained retail corridor
Supported by nearby hotels including Hampton Inn & Suites Rochester Victor and Homewood Suites, capturing consistent out of town traffic from retail, business, and regional travel
Located at the gateway to the Finger Lakes region near Canandaigua Lake, benefiting from year round tourism, weekend visitation, and affluent suburban growth
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,300 SF
Building Class
B
Year Built
2011
Price
$3,427,427
Price Per SF
$797.08
Cap Rate
7.85%
NOI
$269,053
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.00 AC
Zoning
COMM - Commercial
Parking
52 Spaces (12.09 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 324889-006-000-0001-067-000 | Improvements Assessment | $695,000 |
| Land Assessment | $500,000 | Total Assessment | $1,195,000 |
Property Taxes
Parcel Number
324889-006-000-0001-067-000
Land Assessment
$500,000
Improvements Assessment
$695,000
Total Assessment
$1,195,000
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