Property profile

1900 Clinton Ave Rochester, NY 14618

OFF-MARKET
Strip malls
Property ID
US63-2912033
145,047 SF 14.27 ac lot Built 1986
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional 4,000 square foot sublease opportunity for a gym or fitness center in Brighton, NY, a suburb of Rochester. This inline space is part of a thriving, grocery-anchored shopping center at Shoppes at Lac De Ville, boasting a modernized façade and enhanced pedestrian areas. The sublease agreement expires August 31st, 2033, offering a long-term commitment. The center's prime location provides easy access to local universities, medical centers, and major residential areas, ensuring a strong potential customer base. Its convenient proximity to Rochester's amenities, including performance centers, sports arenas, parks, and historic landmarks, further enhances its appeal. The shopping center features a signalized entrance for optimal visibility and accessibility. The space is ideal for a fitness business seeking a well-established location within a vibrant and easily accessible retail environment. This is a rare opportunity to secure a substantial space in a high-traffic area with a long-term lease. The grocery-anchored nature of the shopping center provides a built-in customer base and significant foot traffic. The modern renovations and pedestrian-friendly design create a welcoming and attractive atmosphere for customers.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 145,047 SF
Lot 14.27 ac (621,601 SF)
Zoning code 05 - COMMERCIAL
APN 262000 136.15-2-5.11
UPID US63-2912033

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Courier Service

Location

1900 Clinton Ave Rochester, NY 14618-5621
Rochester metro Census 12900 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.58M
Blend (final) Blend
$11.72M

Owner & transaction history

since 2004
2 recorded transactions
2014
Price N/A
2004
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, NY
Top alternative use upside
Restaurant $18.4M +83.6%
Auto repair, garage $15.5M +54.3%
Office building $12.0M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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