525 Marketplace Dr Rochester, NY 14623
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Rochester, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.