Property summary
This exceptional investment opportunity presents the fee simple interest in a 3,200 square foot, two-story veterinary hospital located at 4084 W Henrietta Rd, Rochester, NY 14623. The property, built in 1973, boasts 30 parking spaces and enjoys a prime location on a busy thoroughfare with high visibility, sharing the area with Lowe's, Dunkin', Target, and Starbucks. The current tenant, Community Veterinary Partners, has a strong 2.5-year remaining lease term with two 5-year renewal options, ensuring long-term income stability. The NNN lease structure minimizes landlord responsibilities, making this an ideal low-management investment. The lease includes annual rent bumps of 1%, and the property currently generates a Net Operating Income (NOI) of $64,328, resulting in an attractive 8.51% cap rate. The asking price is $756,000 ($236.25/sq ft). The property's strong location, within a 5-mile radius boasting a population of 108,384 residents and 75,352 daytime employees with an average household income of $102,776, contributes to its exceptional investment potential. The property's APN is 263200 161.19-1-69. The tenant is responsible for all repairs and replacements of all exterior utility and related service lines, cables and conduits servicing the premises and subject to normal wear and tear, roof, foundation, parking lot, sidewalks, exterior walls, and all structural components of the premises. W Henrietta Road sees an average daily traffic count of 21,503 vehicles. This is a truly passive investment opportunity with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Veterinary Clinic
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Rochester, NYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Rochester, NY.
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