376 Jefferson RdRochester, NY 14623

  • Retail properties
  • 67,751 SF
For Lease
$8/SF/YR View listing

Property Details for 376 Jefferson Rd

Year built
1991
Lot size
6.33 AC
Property size (Sq ft)
67,751 SF
Zone code
05 - COMMERCIAL
Property type
Retail properties
Property subtype
Super regional malls
APN
263200 161.07-1-4.2
APU
26320016107142

Description

This exceptional 5,300 square foot retail sublease opportunity is situated in the highly visible Jefferson Plaza on Jefferson Road in Henrietta, New York, a short distance from Rochester. Located across from South Town Plaza and just three minutes from I-390 exits, this prime location benefits from excellent accessibility and high traffic volume. The plaza enjoys a daily traffic count of 21,917 vehicles, easily accessible via a signalized entrance from the adjacent plaza or West Henrietta Road. Jefferson Plaza is Rochester's oldest modern shopping center, a well-established grocery-anchored power center with strong name recognition. It's surrounded by a diverse mix of big-box retailers and national chain restaurants, placing it within the Rochester, NY MSA's most prominent trade area. Tenants benefit from high visibility and exposure along major thoroughfares. The location offers unparalleled convenience, with over 95% of suburban Rochester reachable within a 15-minute drive and downtown Rochester just seven minutes away. This sublease presents a unique chance to establish a business in a thriving retail environment with exceptional visibility and accessibility. The property is located at 376 Jefferson Rd, Rochester, NY 14623, within Monroe County. The space is classified as inline retail and is a single tenancy sublease.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,082,758
    6.5%
    $14,845,623
    7%
    $13,785,221
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,597,813
    Geo Method
    $10,740,783
  • Alternative Use

    Use
    Valuation
    Residential
    $12,522,838
    Hospitality
    $11,470,852
    Educational
    $9,543,615
    Medical
    $9,871,834
    Retail
    $14,845,623
376 Jefferson Rd, Rochester, New York
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Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.091
Longitude
-77.6437
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$833,000
$2,467,000
$3,300,000
-
$833,000
$2,467,000
$3,300,000

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