9950 Rochester Rd Middleport, NY 14105
Well-established drive-in theater with restaurant and ice cream stand.
Property Features for 9950 Rochester Rd
General Information
- Standard status
- Active
- Size
- 4,580 SF
- Property subtype
- Retail, Land
Building Details
- Year Built
- 1950
Listing office Berkshire Hathaway HomeServices (585) 576-3435
Listing date May 13, 2023
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Well‑established family business operating since the 1950s
- Includes 3 movie screens with over 600 total parking spaces
- Comes with a restaurant and ice cream stand
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.4k | $18.00 |
| − Vacancy | −$10.5k | −$2.29 |
| EGI | $72.0k | $15.71 |
| − OpEx | −$21.6k | −$4.71 |
| NOI | $50.4k | $11.00 |
