Retail Space Beside
2194 Hudson Ave Rochester, NY 14617
2194 Hudson Ave, Rochester, NY, 14617
Contact for pricing
For Sale
Contact for pricing
Available 3,500 SF retail space for lease positioned alongside Aldi with good visibility.
Property Size3,500 SF
Price / SF$170
Days on Market728
Property Features for 2194 Hudson Ave
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- RETAIL
Listing agency
Vanguard-Fine, LLC
(518) 810-4203
Listed by
Christopher Farrell · License #31RE0821429
(518) 810-4203
Source
Moodyscre
Added: Jul 25, 2024 Updated: Jul 21 at 4:18AM Checked: Jul 21 at 4:18AM
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 Vanguard-Fine, LLC
Investment Insights
Based on property information with market context.
This for-lease retail space offers 3,500 square feet of commercial area in Irondequoit, NY. The property is positioned alongside Aldi and is described as having good visibility, supported by its retail-oriented setting.
The listing notes a strong co-tenant environment, which can be valuable for businesses seeking established neighborhood retail traffic. For detailed leasing and offering information, contact the listing broker directly.
The available space is presented as a retail opportunity with visibility advantages in a shopping center setting anchored by Aldi.
The listing notes a strong co-tenant environment, which can be valuable for businesses seeking established neighborhood retail traffic. For detailed leasing and offering information, contact the listing broker directly.
The available space is presented as a retail opportunity with visibility advantages in a shopping center setting anchored by Aldi.
Key Highlights
- 3,500 SF commercial retail space available for lease in Irondequoit, NY
- Positioned alongside Aldi
- Good visibility
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $21.60 |
| − Vacancy | −$7.8k | −$2.22 |
| EGI | $67.8k | $19.38 |
| − OpEx | −$20.3k | −$5.81 |
| NOI | $47.5k | $13.56 |
3,500 SF · lease $21.60/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$678.1K
$593.4K – $791.2K
NOI $47,469 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$958.8K
$839.0K – $1.12M
NOI $67,116 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ALDI
Specialty Food Shop
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FAQs
What type of property is this?
Retail space - Available 3,500 SF retail space for lease positioned alongside Aldi with good visibility.
Where is this retail space located?
The property is located at 2194 Hudson Ave Rochester, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,500 SF commercial retail space available for lease in Irondequoit, NY; Positioned alongside Aldi; Good visibility
