245 Clay Rd Rochester, NY
Call to check price and availability
Profitable restaurant property with a brand new 15-year lease.
Type:RETAIL
Property size:
3,500 SFLot size:
2.18 Acres- Added:
- Feb 6, 2025
- Days on Market:
- 448
- Last Refresh:
- Apr 5 at 11:11 pm
Property Features for 245 Clay Rd
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 2.18 Acres
- Property subtype
- RETAIL
Listing agent Britt Raymond (704) 517-4712
Listing office SRS Real Estate Partners | New York (704) 517-4712
Listing date Feb 6, 2025
Source Moodyscre
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 SRS Real Estate Partners | New York
Overview
Established Restaurant with Long-Term Lease
The property is a restaurant space occupied by Shake Shack, who recently signed a new 15-year lease with options to extend for four additional 5-year terms, demonstrating a commitment to the location. The lease includes 10% rental increases every 5 years and at the beginning of each option period. Shake Shack has expanded to over 500 restaurants globally and reported Q3 2023 revenue growth of 21%, with in-store sales growth of 9% and average weekly sales reaching $74,000, annualizing to $3.9 million average unit sales. The property is located at 245 Clay Rd, Rochester, NY and has a size of 3,500 square feet. This property is suitable for drive-through restaurants, restaurants, and retail purposes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shake Shack Henrietta
Restaurant
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6167
- Latitude
- 43.089
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Profitable restaurant property with a brand new 15-year lease.
Where is this drive through restaurant located?
The property is located at 245 Clay Rd Rochester, NY.
What are key features of this property?
This property features: Brand new 15‑year lease with Shake Shack, demonstrating long‑term tenant commitment.; Lease includes 10% rental increases every 5 years and at the beginning of each option, hedging against inflation.; **Shake Shack's strong financial performance:** Q3 2023 revenue growth of 21% and in‑store sales growth of 9%.
