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3839 W Ridge Rd 1,423 SF Retail Building Rochester, NY 14626 $1,230,390 CAD ($864.65 CAD/SF) 5% Cap Rate
Investment Highlights
- Located near Ridge Road West
- The property is easily accessible 3 or 4 miles from 531 Expressway.
- Located 2 miles to the nearest retail mall
- The location being a corner lot makes it easy to get in and out.
Executive Summary
Corner with traffic light. Original term expires 12-31-2022. 2 five year options 10% increase per option. 1,423 square feet.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,423 SF
Building Class
C
Year Built/Renovated
1987/2016
Price
$1,230,390 CAD
Price Per SF
$864.65 CAD
Cap Rate
5%
NOI
$61,520 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.24 AC
Zoning
05 - Business
Parking
5 Spaces (4.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 262800-073-040-0002-002-000 | Improvements Assessment | $109,098 CAD |
| Land Assessment | $88,022 CAD | Total Assessment | $197,120 CAD |
Property Taxes
Parcel Number
262800-073-040-0002-002-000
Land Assessment
$88,022 CAD
Improvements Assessment
$109,098 CAD
Total Assessment
$197,120 CAD
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3839 W Ridge Rd
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