Former Movie Theater Redevelopment
For Lease
Contact for pricing
525 Marketplace Dr, Rochester, NY 14623
75,800 SF retail space in Henrietta retail corridor.
Space Size75,800 SF
Days on Market682
Property Features for 525 Marketplace Dr
General Information
Standard status
Active
Size
75,800 SF
Property subtype
RETAIL
Spaces For Lease
at 525 Marketplace Dr
525 Marketplace Dr
AVAILABLE, Now
Floor
Bldg
Size
75,800 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Retail – Restaurant – Hotel Pad Sites Available
- Excellent redevelopment opportunity with multiple potential uses of former Regal Henrietta movie theater & excess land
- Prime location in the heart of the Henrietta retail corridor bordering Jay Scutti Plaza to the East, major retailers in area include Wegmans, HomeGoods, Walmart Superstore and Target
- Less than one mile from Marketplace Mall and University of Rochester’s approximately 330,000 SF Orthopedics & Physical Performance Center (opening 2023)
- Excellent visibility/signage & ample parking
- Site is suitable for multiple uses within Planned Commercial District zoning
Contact us
Listing Agency:
Venture Brokerage Group
(585) 615-1102
Listed By:
Janell Vanegas · License #10491205280
(585) 223-6832
Source:
Moodyscre
Added: Dec 4, 2024
Changed: Oct 9
Last Checked: Oct 16 at 9:21AM
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 Venture Brokerage Group
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Investment Insights
Based on property information with market context.
This 75,800 square foot property, formerly a Regal Henrietta movie theater, is available for sale or lease. It presents an excellent redevelopment opportunity with multiple potential uses. The property is situated in a prime location in the heart of the Henrietta retail corridor, bordering Jay Scutti Plaza to the East. Major retailers in the area include Wegmans, HomeGoods, Walmart Superstore, and Target. The property is less than one mile from Marketplace Mall and the University of Rochester’s approximately 330,000 square foot Orthopedics & Physical Performance Center, which is opening in 2023. The property benefits from excellent visibility and signage, as well as ample parking.
Key Highlights
- Prime location in the heart of the Henrietta retail corridor, bordering Jay Scutti Plaza.
- Excellent redevelopment opportunity with multiple potential uses.
- High visibility/signage and ample parking.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
868k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Shops & Services 23%
Dining 17%
Apparel 13%
Walmart
Superstores
159,924 visits/mo
0.3 miles
Target
Superstores
117,856 visits/mo
0.5 miles
Five Below
Shops & Services
61,154 visits/mo
0.4 miles
Marshalls
Apparel
53,944 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
45,265 visits/mo
0.5 miles
Demographics for 14623, NY
27,865
Population
9,612
Households
2.9
Avg Household Size
28
Median Age
41%
College-Educated
92%
High-School Grad
19.5 sq mi
ZIP Area
1,429
Density / Sq Mi
$61,088
Median Household Income
$26,411
Median Earnings
$1,221
Median Rent
$167,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Rochester, NY
$18.82 /SF/Yr
Avg Asking Price
$2.55–$35.5 /SF/Yr
Price Range
17,580 SF
Avg Space Size
Vacancy Rate% for Retail in Rochester, NY
Frequently Asked Questions
What type of property is this?
Retail space - 75,800 SF retail space in Henrietta retail corridor.
Where is this retail space located?
The property is located at 525 Marketplace Dr Rochester, NY.
What are key features of this property?
This property features: Prime location in the heart of the Henrietta retail corridor, bordering Jay Scutti Plaza.; Excellent redevelopment opportunity with multiple potential uses.; High visibility/signage and ample parking.
