Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

690 Long Pond Rd 4,770 SF Retail Building Greece, NY 14612 $8,235,928 CAD ($1,726.61 CAD/SF) 5% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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
$8,235,928 CAD
Price Per SF
$1,726.61 CAD
Cap Rate
5%
NOI
$411,796 CAD
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

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

Starbucks
KeyBank
Tim Hortons
Wegmans
Ymca
Northwest Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
262800-045-030-0004-020-112
Land Assessment
$150,759 CAD
Improvements Assessment
$1,407,925 CAD
Total Assessment
$1,558,684 CAD
  • Listing ID: 38672790

  • Date on Market: 2025-12-05

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}