175 Josons Dr Rochester, NY 14623-3440
- Manufacturing properties
- 37,675 SF
- 8.98 lot acres
Current Use by Public Records
- Rexel / Electrical Supply Store
Property Details for 175 Josons Dr
- Year built
- 2015
- Lot size
- 8.98 lot acres
- Property size
- 37,675 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Manufacturing properties
- APN
- 263200 161.03-1-26.1
- APU
- 263200161031261
Description
This exceptional Class A industrial property, located at 175 Josons Dr, Rochester, NY 14623, offers a compelling net lease investment opportunity. The 37,575 square foot warehouse boasts a 20-foot ceiling height, two loading docks, and one dock-high door, making it ideal for efficient operations. Built in 2015 and renovated in 2019, the single-story building sits on a strategically located site, approximately four miles from the New York State Thruway/Interstate-90 interchange with I-390, providing easy access to major transportation routes. Currently 100% occupied by a high-credit tenant, Rexel USA, Inc., under a triple-net (NNN) lease extending to February 28, 2035, this property offers predictable cash flow and built-in rental increases throughout the lease term. The property is zoned for industrial and mixed-use overlay, providing flexibility for future development. The asking price is $4,955,000, translating to $131.87 per square foot. This represents a rare opportunity to acquire a high-quality, net-leased industrial asset in a strong market. The property's prime location, modern features, and long-term lease with a financially sound tenant make it an attractive investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6578
- Latitude
- 43.0804
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
