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

75,800 SF building in Henrietta retail corridor.

Property Size89,718 SF
Days on Market1111

Property Features for 525 Marketplace Dr

General Information

Standard status Active
Size 89,718 SF
Class A
Total Parking Spaces 100
Property subtype Hospitality, Mixed Use, Retail, Self Storage
Zoning PCD- Planned Commercial District
Lease Type NNN
Investment Type Redevelopment

Building Details

Year Built 1996
Buildings 1
Listing Agency: Venture Brokerage Group
Listed By: Janell Vanegas · License #NY 10491205280
Source: Crexi
Added: Oct 2, 2023 Changed: Oct 2 Last Checked: Oct 14 at 9:18PM

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

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Investment Insights

Based on property information with market context.

The property is a 75,800 square-foot former movie theater, previously Regal Henrietta, 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 scheduled to open in 2023. The property offers excellent visibility and signage opportunities, along with ample parking. The lot size is 89,718 square feet.

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

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Current Use

Self storage facilities

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Retail property - 75,800 SF building in Henrietta retail corridor.
Where is this retail property 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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