Listing Agency: CBRE | Rochester p***@cbre-rochester.com Show Phone

Listed By: Patrick Wahl · License #Licensed Real Estate Salesperson Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 19 at 5:25AM

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Investment Insights

Based on property information with market context.

The property at 8 Marway Circle is a 31,440 square foot industrial facility featuring a 25-foot clear height and ESFR sprinklers. The building includes 6 loading docks and 200 amp, 277/480 volt, 3-phase power. Column spacing is 40 feet by 50 feet. The property is zoned for industrial use and is located in the Town of Gates, near I-490.

Key Highlights

• Convenient location in the Town of Gates near I‑490
• 31,440 square foot facility
• Features 6 Loading Docks

Property Analytics

Property Profile

Current Use

XGS - Rochester Trucking Company Alside Building Supply Tire Centers Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

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

$1.28 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

453

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 14624, NY

37,200

Population

15,865

Households

2.3

Avg Household Size

43

Median Age

33%

College-Educated

94%

High-School Grad

27.4 sq mi

ZIP Area

1,358

Density / Sq Mi

$86,046

Median Household Income

$45,723

Median Earnings

$1,249

Median Rent

$172,200

Median Home Value

Market

Lease Benchmarks for Rochester, NY

$24.49 /SF/Yr

Avg Asking Price

$6–$142 /SF/Yr

Price Range

38,309 SF

Avg Space Size

This space is priced 65% below the average of $24.49 /SF/Yr.

Vacancy Rate% for Industrial in Rochester, NY

7.2% 2019

6.6% 2020

4.4% 2021

4.5% 2022

5.3% 2023

5.3% 2024

6.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 31,440 SF industrial space with convenient highway access.

Where is this warehouse located?

The property is located at 8 Marway Circle Rochester, NY.

What is the lease rate?

The lease rate is $8.50 SF/Yr.

What are key features of this property?

This property features: Convenient location in the Town of Gates near I‑490; 31,440 square foot facility; Features **6 Loading Docks**