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Property profile & analytics
FOR LEASE
Theaters & concert halls

525 Marketplace Dr Rochester, NY 14623

89,718 SF 11.92 ac lot Built 1996
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-6066086
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving Henrietta submarket of Rochester, NY. The former Regal Theater building, boasting a substantial 75,800 square feet of space, sits on a generous 12-acre parcel. The two-story building, constructed in 1997, features a mezzanine level and offers immediate occupancy. With a prominent 1,200-foot frontage, the property benefits from high visibility and accessibility. Ample parking is provided with 961 spaces. The property is zoned Commercial/Retail and is ideally situated at 525 Marketplace Drive, conveniently located near major retailers including Wegmans, Walmart, Floor & Decor, Lowe's, Target, Burlington, and the new University of Rochester Orthopaedic Center. This strategic location ensures high traffic volume and strong potential for a variety of retail uses. The single-tenant occupancy allows for flexibility and customization to suit a wide range of business needs. This is a rare opportunity to acquire a large-scale retail property in a prime location with excellent visibility and access to a robust consumer base. The property's size and location make it suitable for a variety of commercial ventures, offering significant potential for growth and return on investment. The property is located in Monroe County, NY, with a zip code of 14623, and is easily accessible via Jefferson Road.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1996
Total area 89,718 SF
Lot 11.92 ac (519,235 SF)
Zoning code 05 - COMMERCIAL
APN 263200 161.12-1-6.111
UPID US63-6066086
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.01M
Owner & transaction history
Henrietta LLC · 2 yrs held
Henrietta LLC
since 2023
Last sale
$2.0M
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
$2.0M
2019
Price N/A
2011
$14.4M
2006
$15.0M
2006
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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