Property profile

4084 Henrietta Rd Rochester, NY 14623

OFF-MARKET
Specialty properties
Property ID
US63-0423765
3,200 SF 0.43 ac lot Built 1900
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1900
Total area 3,200 SF
Lot 0.43 ac (18,527 SF)
Zoning code 05 - COMMERCIAL
APN 263200 161.19-1-69
UPID US63-0423765

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
  • Veterinary Clinic
  • Veterinary Clinic

Location

4084 Henrietta Rd Rochester, NY 14623-5222
Rochester metro Census 13104 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
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2017
Last sale
$528,000
1 recorded transaction
2017
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, NY

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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