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    2146 Fairport Nine Mile Point Rd Penfield, NY 14526

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    For Sale
    $3,083,000

    Retail property with a new 20-year lease in Penfield, NY.

    Property size:
    3,500 SF
    Lot size:
    1.39 Acres

    Property Features for 2146 Fairport Nine Mile Point Rd

    General Information

    Size
    3,500 SF
    Lot size
    1.39 Acres

    Source: SRS Real Estate Partners | New York Agent Britt Raymond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairport Retail Property For Sale

    This retail property features a tenant, JSC Penfield LLC, who recently signed a new 20-year lease with four 5-year options to extend. The lease includes 5% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is guaranteed by JSC Management Group, LLC, a franchisee operating over 87 units nationwide, on a rolling 10-year basis. The property encompasses 3,500 square feet and is located at 2146 Fairport Nine Mile Pt Rd, Penfield, NY.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wegmans Floral

    Location Insight

    • Map
    • Local Demand
    City
    Penfield
    County
    Monroe
    State
    New York
    Longitude
    -77.4407817
    Latitude
    43.1284686

    Nearby Similar for Sale

    • $2,875,000
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      Panera Bread Investment Opportunity

      Property leased to Panera Bread in prime location.
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    • Contact for pricing
      3,119 SF

      Penfield Office Complex - Owner/User

      Two-building office complex, ideal owner-user or investor.
      2570 Baird Rd, Penfield, NY 14526
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property with a new 20-year lease in Penfield, NY.
    Where is this storefront property located?
    The property is located at 2146 Fairport Nine Mile Point Rd Penfield, NY.
    What is the asking price?
    The asking price for this property is $3,083,000.
    What are key features of this property?
    This property features: - New 20-year lease demonstrating tenant commitment.; - 5% rental increases every 5 years providing increased NOI and inflation hedge.; - Rolling 10-year franchisee guaranty from JSC Management Group, LLC.
    (704) 517-4712
    Request Owner's contact information
    2146 Fairport Nine Mile Point Rd Penfield, NY 14526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2146 Fairport Nine Mile Point Rd Penfield, NY 14526
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