Renovated Office Space in
For Lease
Contact for pricing
40 University Ave, Rochester, NY 14605
Recently renovated office space in Rochester's Cultural District.
Space Size75,500 SF
Days on Market1289
Property Features for 40 University Ave
General Information
Standard status
Active
Size
75,500 SF
Class
B
Total Parking Spaces
15
Property subtype
Office
Lease Type
Gross
Building Details
Building Size
75,500 SF
Year Built
1920
Tenancy
Single
Spaces For Lease
at 40 University Ave Contact us- Size
- 75,500 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Space 1
Listing Agency:
Yaman Commercial
Listed By:
Mercedes Brien · License #40BR0888332
(585) 505-4166
Source:
Crexi
Added: Feb 24, 2023
Changed: Aug 21
Last Checked: Aug 31 at 7:04AM
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 Yaman Commercial
Investment Insights
Based on property information with market context.
Located at the northern end of Rochester’s Inner Loop expressway, this property is situated in Rochester’s Cultural District, one block from the Eastman Theater, Eastman School of Music, Rochester’s YMCA, and other venues. The property features a recently renovated 2nd-floor office space that is available immediately. The suite includes 4 individual offices, a copy room, a conference/training room, a kitchen, a large trading floor, and 2 restrooms. There are 15 parking spaces directly at the entryway, with additional parking available. Work is scheduled to start on the Inner Loop expressway project in 2028.
Key Highlights
- Prime location in Rochester's Cultural District, one block from Eastman Theater and Eastman School of Music.
- Recently renovated 2nd‑floor office space with abundant natural light.
- Features 4 individual offices, copy room, conference/training room, kitchen, large trading floor, and 2 restrooms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,325
Businesses Nearby
Explore this area
Business Placement
Demographics for 14605, NY
12,172
Population
5,141
Households
2.4
Avg Household Size
31
Median Age
12%
College-Educated
69%
High-School Grad
1.8 sq mi
ZIP Area
6,762
Density / Sq Mi
$23,255
Median Household Income
$27,571
Median Earnings
$815
Median Rent
$81,000
Median Home Value
Market
Lease Benchmarks for Rochester, NY
$61.69 /SF/Yr
Avg Asking Price
$1.18–$851 /SF/Yr
Price Range
14,304 SF
Avg Space Size
This space is priced 76% below the average of $61.69 /SF/Yr.
Vacancy Rate% for Office in Rochester, NY
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Frequently Asked Questions
What type of property is this?
Office units - Recently renovated office space in Rochester's Cultural District.
Where is this office units located?
The property is located at 40 University Ave Rochester, NY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Prime location in Rochester's Cultural District, one block from Eastman Theater and Eastman School of Music.; Recently renovated 2nd‑floor office space with abundant natural light.; Features 4 individual offices, copy room, conference/training room, kitchen, large trading floor, and 2 restrooms.
