Caliber Collision High Visibility
For Sale
Contact for pricing
4401 Lake Ave, Rochester, NY
Located near local attractions with high traffic volume.
Property Size15,418 SF
Lot Size0.48 Acres
Price / SF$139.51
Days on Market738
Property Features for 4401 Lake Ave
General Information
Standard status
Active
Size
15,418 SF
Lot size
0.48 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services - Orange County
(949) 573-3519
Listed By:
Corey Selenski
Source:
Moodyscre
Added: Aug 13, 2024
Changed: Aug 8
Last Checked: Aug 20 at 5:38AM
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 Matthews Real Estate Investment Services - Orange County
Investment Insights
Based on property information with market context.
Located at the end of the 132 Highway, this Caliber Collision benefits from high visibility and large traffic volumes. The property is situated minutes away from local attractions such as the Ontario Beach Park, Lake Shore Country Club, Lake Shore Hockey Arena, and the Charlotte Genesee Lighthouse. The average household income within a 3-mile radius is $92,976. The property is an ideal prototype for Caliber Collision situated on a massive lot of approximately 1.75 total acres, with a building size of approximately 15,418 square feet. Caliber Collision is the world’s leader in repair centers, restoring over 850,000 vehicles every day with approximately 1,100 locations all around the country. The lease is corporate guaranteed by Caliber Collision Corporate, which has approximately 1,600 locations with an estimated $4 billion annual revenue. Caliber Collision is considered a sought-after investment due to being essential, recession resistant, and ecommerce proof.
Key Highlights
- Investment Grade Tenant: Corporate guaranteed lease by Caliber Collision Corporate.
- Resilient Investment Type: Essential, recession resistant, and ecommerce proof.
- Large Lot: ±1.75 total AC, a massive lot for Caliber Collision.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$157,252
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,145,040
$3.1M
Cap Rate 7%
$2,246,457
$2.2M
Cap Rate 9%
$1,747,244
$1.7M
Market Conditions
NOI Build-Up for 15,418 SF
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.
Gross rent
$240.5K $15.60/SF
− Vacancy
−$15.9K −$1.03/SF
EGI
$224.6K $14.57/SF
− OpEx
−$67.4K −$4.37/SF
NOI
$157.3K $10.20/SF
Area
Rochester, NY
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,145,040
Cap Rate 7%
$2,246,457
Cap Rate 9%
$1,747,244
Alternative Uses
Best Use
Retail
$2.99M
$2.61M – $3.49M
NOI $209,109 @ 7.0% cap · market cap 9.72%
Second Best
Industrial
$2.25M
$1.97M – $2.62M
NOI $157,252 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$4.22M
$3.70M – $4.93M
NOI $295,656 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
7-Eleven
Shops & Services
4,234 visits/mo
0.1 miles
Abbott's Frozen Custard
Dining
647 visits/mo
0.5 miles
Caliber Collision
Shops & Services
373 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Rochester, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Headman's Cycle Shop — 4404 lake ave, rochester, ny 14612
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- Caliber Collision — 4401 Lake Ave, Rochester, NY 14612
Frequently Asked Questions
What type of property is this?
Auto shop - Located near local attractions with high traffic volume.
Where is this auto shop located?
The property is located at 4401 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $2,151,000.
What are key features of this property?
This property features: Investment Grade Tenant: Corporate guaranteed lease by Caliber Collision Corporate.; Resilient Investment Type: Essential, recession resistant, and ecommerce proof.; Large Lot: ±1.75 total AC, a massive lot for Caliber Collision.
