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Former Movie Theater Redevelopment Opportunity
For Lease
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525 Marketplace Dr, Rochester, NY 14623

75,800 SF retail space in Henrietta retail corridor.

Space Size75,800 SF
Days on Market672

Property Features for 525 Marketplace Dr

General Information

Standard status Active
Size 75,800 SF
Property subtype Retail

Building Details

Building Size 75,800 SF
Year Built 1997
Tenancy Single

Spaces For Lease

at 525 Marketplace Dr Contact us

Available Space

Size
75,800 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Venture Brokerage Group
Listed By: Janell Vanegas · License #NY 10491205280
Source: Crexi
Added: Oct 30, 2024 Changed: Aug 22 Last Checked: Aug 28 at 10:27PM

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

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

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby
868k
Monthly Visits Nearby

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

Market

Lease Benchmarks for Rochester, NY

$18.52 /SF/Yr
Avg Asking Price
$5.53–$30 /SF/Yr
Price Range
16,467 SF
Avg Space Size

Vacancy Rate% for Retail in Rochester, NY

9.6% 2020
9.1% 2021
9% 2022
8.6% 2023
9.4% 2024
9.9% 2025
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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.
(585) 615-1102 Call to check price and availability
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