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Walgreens 1650 Elmwood Ave 14,736 SF Retail Building Rochester, NY 14620 $7,346,208 CAD ($498.52 CAD/SF) 8.25% Cap Rate
Investment Highlights
- 7+ Years Remaining | Options To Extend | Termination Options
- Strong Demographics In 5-Mile Trade Area
- NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,736 SF
Building Class
B
Year Built
1986
Price
$7,346,208 CAD
Price Per SF
$498.52 CAD
Cap Rate
8.25%
NOI
$606,062 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.70 AC
Zoning
C-2
Parking
75 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
120’ on Elmwood Ave
Amenities
- Corner Lot
- Drive Thru
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 262000-136-110-0002-063-000 | Improvements Assessment | $3,286,279 CAD |
| Land Assessment | $1,029,141 CAD | Total Assessment | $4,315,420 CAD |
Property Taxes
Parcel Number
262000-136-110-0002-063-000
Land Assessment
$1,029,141 CAD
Improvements Assessment
$3,286,279 CAD
Total Assessment
$4,315,420 CAD
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Walgreens | 1650 Elmwood Ave
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