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    390 Henrietta Rd Rochester, NY 14620

    Sponsored
    For Lease
    $25 SF/Yr

    High-profile Rochester retail investment.

    Lot size:
    14,061 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Citygate, a Class A power center in Monroe County, NY, offers 14,061 square feet of prime retail and restaurant space. This exceptional property boasts five suites, with a minimum divisible space of 1,450 square feet. Currently housing a diverse mix of established tenants including Costco (the only one in the Rochester market), REI, Dibella's, Wellnow, and CSL Plasma, Citygate presents a compelling investment opportunity. The center is strategically positioned within a larger 300,000 square foot power center, ensuring high visibility and significant foot traffic. Development potential is substantial, with planned spaces for a hotel, a quick-service restaurant with a drive-thru, and a large national entertainment venue. This presents a unique chance to capitalize on the existing success of established tenants while simultaneously participating in the future growth and expansion of this thriving retail destination. The property's multiple tenancy structure offers flexibility and diversification for investors. The strategic location within the Rochester market, coupled with the presence of a major anchor tenant and significant development potential, makes Citygate an attractive proposition for discerning investors seeking a high-return, high-growth opportunity. The property's Class A designation reflects its superior quality and modern amenities.

    Property Features for 390 Henrietta Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,061 SF
    Class
    A
    Total Rate
    29293.75

    Building Details

    Buildings
    5

    Unit(s) available at that property

    Space
    Bldg B, Space 2
    Size
    1,450 SF
    Rate per SF
    $35

    HighLights

    • Class A retail/restaurant power center totaling 14,061 square feet.
    • Five suites available, minimum divisible space 1,450 square feet.
    • Located in Monroe County, NY.
    • Multi‑tenant property anchored by the only Costco in the Rochester market.
    • Strong tenant mix including REI, Dibella's, Wellnow, and CSL Plasma.
    Property Profile Location Intelligence

    Current Use by Public Records

    DiBella's Subs Sandwich Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Dental Office

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.615422
    Latitude
    43.113408

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    FAQs

    What type of property is this?
    Restaurant - High-profile Rochester retail investment.
    Where is this restaurant located?
    The property is located at 390 Henrietta Rd Rochester, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Class A retail/restaurant power center totaling 14,061 square feet.; Five suites available, minimum divisible space 1,450 square feet.; Located in Monroe County, NY.
    Request Owner's contact information
    390 Henrietta Rd Rochester, NY 14620
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    Rochester, NY 14620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Henrietta Rd Rochester, NY 14620
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