3130 Rdg Rd Rochester, NY 14626-3216

This exceptional investment opportunity presents two free-standing outparcels totaling 16,500 square feet, situated on a 1.76-acre lot in a Lowe's Plaza in Greece, NY, the largest suburb of Rochester. The property includes a 11,300 square-foot Chuck E. Cheese restaurant operating under a ground lease, boasting 100% occupancy. A new 6,200 square-foot K9 Resorts Luxury Pet Hotel, commencing operations in 2024, is also included, secured by a new 10-year lease. The entire property is zoned for commercial/retail use and was built in 2004. This single-story, dual-building complex offers a compelling investment prospect, particularly suitable for a 1031 exchange. The asking price is $3,250,000, translating to $196.97 per square foot. The property is offered as a ground lease fee ownership with a NNN lease structure. Located at 3120 & 3130 West Ridge Road, this property benefits from its prime location in a thriving area comparable in population to Albany, NY. The property's strong tenant mix and long-term lease agreements provide a stable and attractive return on investment. This is a rare opportunity to acquire a well-established and diversified retail portfolio in a high-growth market. The property's size, location, and tenant mix make it an ideal investment for those seeking a secure and profitable addition to their portfolio.