3603 Mount Read Blvd Rochester, NY 14616
Property Features for 3603 Mount Read Blvd
General Information
- Size
- 4,317 SF
Source:
Donovanres
Listing Agent: Brian P Donovan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Bank Branch Investment Opportunity
This 4,304 square foot bank branch, constructed in 2010, is situated at a busy intersection in Greece, NY, a Rochester MSA suburb. The property features fifty parking spaces and a drive-thru. Located on the AM side of the road, it benefits from its proximity to Wegmans. The building is in exceptional condition. The net operating income is $90,000 per year. The property is located near the intersection of Mount Read and Maiden, adjacent to Wegmans. Mount Read Boulevard serves as a major north/south route for commuters. The location fosters a community feel, enhanced by the presence of Wegmans, ALDI, Tops, and Walgreens. Other national retailers in the vicinity include Dollar General, Burger King, Dunkin', and Tim Hortons. The tenant covers utilities, taxes, and all maintenance aspects of the premises, ensuring no landlord responsibilities. The initial lease term is 7 years, with two 5-year options, each including 10% rent increases.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kinecta
Federal Credit Union
Kinecta Federal Credit ...
Federal Credit Union
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6597562
- Latitude
- 43.2248226
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FAQs
What type of property is this?
Bank - 4,304 SF bank branch in Greece, NY for sale.
Where is this bank located?
The property is located at 3603 Mount Read Blvd Rochester, NY.
What are key features of this property?
This property features: - High-traffic location on a busy intersection, next to Wegmans.; - Net Operating Income (NOI) of $90,000 per year.; - Tenant handles all utilities, taxes, and maintenance, resulting in no landlord responsibilities.