1400 Miracle Mile Dr
Henrietta, NY 14623
M&T Bank · Commerce de détail Propriété À vendre

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a corporate leased M&T Bank Ground Lease located at 1400 Miracle Mile Drive in Rochester, NY (the “Property”). M&T Bank has been at the Property since its construction in 1983, and recently extended their lease (2+ years early) demonstrating their commitment to the site and the market. M&T Bank has 9+ years remaining on their lease with two (2) 5-year renewal options. The lease features attractive 5% rental increases at the start of each renewal option period. The Property features 2,542 square feet of building area and is situated on a 1.48- acre parcel. M&T Bank is located along Miracle Mile Drive, a well-established commercial corridor in Rochester, New York, offering strong visibility and convenient access within a dense Monroe County retail market. The Property is situated near signalized intersections and in close proximity to a mix of national retailers, local businesses, service providers, and dining options that contribute to consistent daily traffic and consumer draw. Surrounded by mature residential neighborhoods and nearby employment centers, the site benefits from a stable and diverse customer base. The Property provides efficient access to Monroe Avenue (NY Route 31) and Interstate 590, with Interstate 390 and Interstate 490 located nearby, allowing for direct connectivity throughout the Rochester metropolitan area and the broader Finger Lakes region.