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64 S Main Street, Fairport, NY 14450

Starbucks-backed NN lease with four renewal options and contractual rent increases.

Property SizeContact for details
Days on Market4

Property Features for 64 S Main Street

General Information

Standard status Active
Property subtype Retail

Financials

Asking Price $2,173,913
Cap Rate 5.75%
Gross Income $125,000

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Iceberg Net Lease
Listed By: Ned Ziv · License #CA 02108238
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:22PM

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 Iceberg Net Lease

Investment Insights

Based on property information with market context.

Completed in 2025, this Starbucks storefront property at 64 S Main Street occupies a walkable Main Street setting in Fairport Village. The asset is leased under an NN structure with a direct corporate guarantee from Starbucks Corporation. The initial term runs from October 8, 2025, through October 8, 2035, followed by four additional five-year renewal options that could extend occupancy to 30 years.

The lease provides 10% contractual rent increases every five years. The tenant covers its full share of CAM, taxes, and insurance, while the landlord remains responsible for the roof, structure, foundation, and exterior walls. The property sits among village retail, dining, and residential uses along the Erie Canal corridor. Within five miles, the trade area includes an average household income of $129,119 and a population of 101,294.

Key Highlights

  • Starbucks Corporation occupies the property under a direct corporate guarantee
  • New construction completed in 2025
  • Initial lease term runs October 8, 2025, through October 8, 2035

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Restaurant Pharmacy HVAC Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Dollar Tree Shops & Services
11,786 visits/mo 0.2 miles
The UPS Store Shops & Services
8,450 visits/mo 0.2 miles
Mobil Shops & Services
6,521 visits/mo 0.2 miles
Salvatore's Old Fashioned Pizzeria Dining
1,682 visits/mo 0.2 miles

Demographics for 14450, NY

42,633
Population
19,054
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
97%
High-School Grad
32.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$109,543
Median Household Income
$62,613
Median Earnings
$1,258
Median Rent
$281,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Starbucks-backed NN lease with four renewal options and contractual rent increases.
Where is this nnn property located?
The property is located at 64 S Main Street Fairport, NY.
What is the asking price?
The asking price for this property is $2,173,913.
What are key features of this property?
This property features: Starbucks Corporation occupies the property under a direct corporate guarantee; New construction completed in 2025; Initial lease term runs October 8, 2025, through October 8, 2035
More about this property
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