Class A Office
For Sale
Contact for pricing
110 Marina Dr, Rochester, NY 14626
Class A office building with 24-hour secured access and a 3,000 SF second-floor suite available.
Property Size18,050 SF
Price / SF$160.66
Days on Market191
Property Features for 110 Marina Dr
General Information
Standard status
Active
Size
18,050 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Site & Location
Neighborhood
Maplewood
Properties For Sale
at 110 Marina Dr
110 Marina Dr
AVAILABLE, Now
Floor
2
Size
3,000 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Sublease
No
- 18,050 SF Class A office building
- Built in 1997 and renovated in 2017
- Well leased investment opportunity
- 3,000 square feet of space on the second
floor of the property
- Suitable for a wide variety of potential uses
including medical office or corporate office
- Convenient, ample parking
- Secured building with 24-hour access
- Convenient location Near I-390
- Close proximity RRH Unity Hospital
Campus
- Minutes from numerous amenities with
hotels, daycare and retail located in Canal
Ponds
Contact us
Listing Agency:
CBRE | Rochester
(585) 240-8080
Listed By:
Andrew Gearhart · License #NY10401306048
(315) 569-2254
Source:
Moodyscre
Added: Apr 20
Changed: Oct 25
Last Checked: Oct 26 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Rochester
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Investment Insights
Based on property information with market context.
Class A office building totaling 18,050 SF, built in 1997 and renovated in 2017. The offering includes 3,000 SF of space on the second floor, suitable for a wide variety of potential uses, including medical office or corporate office.
The property provides convenient, ample parking and is secured with 24-hour access. It is located near I-390 and in close proximity to the RRH Unity Hospital Campus.
In addition to the nearby healthcare campus, the area includes amenities such as hotels, daycare, and retail in the Canal Ponds area.
The property provides convenient, ample parking and is secured with 24-hour access. It is located near I-390 and in close proximity to the RRH Unity Hospital Campus.
In addition to the nearby healthcare campus, the area includes amenities such as hotels, daycare, and retail in the Canal Ponds area.
Key Highlights
- 18,050 SF Class A office building built in 1997 and renovated in 2017
- Available 3,000 SF second‑floor space within the building
- 24‑hour secured building access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$259,595
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,191,900
$5.2M
Cap Rate 7%
$3,708,500
$3.7M
Cap Rate 9%
$2,884,389
$2.9M
Market Conditions
NOI Build-Up for 18,050 SF
Gross rent
$433.2K $24.00/SF
− Vacancy
−$87.1K −$4.82/SF
EGI
$346.1K $19.18/SF
− OpEx
−$86.5K −$4.79/SF
NOI
$259.6K $14.38/SF
Area
Rochester, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,191,900
Cap Rate 7%
$3,708,500
Cap Rate 9%
$2,884,389
Alternative Uses
Best Use
Office B
$3.71M
$3.24M – $4.33M
NOI $259,595 @ 7.0% cap · market cap 8.95%
Second Best
Healthcare Medical
$3.59M
$3.15M – $4.19M
NOI $251,603 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$4.94M
$4.33M – $5.77M
NOI $346,127 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
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Business Placement
Demographics for 14626, NY
30,032
Population
13,717
Households
2.2
Avg Household Size
47
Median Age
32%
College-Educated
91%
High-School Grad
13.4 sq mi
ZIP Area
2,241
Density / Sq Mi
$78,785
Median Household Income
$47,479
Median Earnings
$1,206
Median Rent
$185,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Rochester, NY
Frequently Asked Questions
What type of property is this?
Office building - Class A office building with 24-hour secured access and a 3,000 SF second-floor suite available.
Where is this office building located?
The property is located at 110 Marina Dr Rochester, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 18,050 SF Class A office building built in 1997 and renovated in 2017; Available 3,000 SF second‑floor space within the building; 24‑hour secured building access
