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at 255 E Ave Contact us

Farash Place $15.75/SF/Yr

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Listing Agency: The Cabot Group - Corporate Show Phone

Listed By: Dan Saperstone

Source: Moodyscre

Added: Jun 13, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:51AM

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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 The Cabot Group - Corporate

Investment Insights

Based on property information with market context.

This Class A office building, constructed of steel and concrete, was built in 1986. The building has a total area of 170,000 square feet distributed across four floors. Each floor averages 38,000 square feet. A private parking garage is available.

Key Highlights

• Class A Building
• Private Parking Garage
• Steel and Concrete Construction

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.36 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,822

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Rochester, NY

$122 /SF/Yr

Avg Asking Price

$0.59–$275 /SF/Yr

Price Range

33,793 SF

Avg Space Size

This space is priced 87% below the average of $122 /SF/Yr.

Vacancy Rate% for Office in Rochester, NY

8.6% 2019

13.1% 2020

15.9% 2021

22.8% 2022

22.6% 2023

22.1% 2024

20.7% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Class A office building with private parking garage in Rochester.

Where is this office building located?

The property is located at 255 E Ave Rochester, NY.

What is the lease rate?

The lease rate is $15.75 SF/Yr.

What are key features of this property?

This property features: Class A Building; Private Parking Garage; Steel and Concrete Construction