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Property profile

63 Main St Brockport, NY 14420

OFF-MARKET
Strip malls
Property ID
US63-2455611
View Sample
7,439 SF 1.15 ac lot Built 1965
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,700 square foot, multi-tenant retail center in Brockport, NY. Anchored by a Pizza Hut, operating for over 30 years, this property boasts a strong 100% occupancy rate across three tenants under a triple net (NNN) lease structure. The lease features a substantial 15-year remaining term, providing long-term stability and predictable cash flow. The property generates a significant net operating income (NOI) of $120,400, resulting in an attractive 9.15% capitalization rate. Priced at $1,315,847 ($170.89/sq ft), this investment offers a compelling return. Situated on a main thoroughfare in Brockport, the property benefits from high visibility and convenient access. Its proximity to the State University of New York at Brockport (6,900 students) ensures a consistent customer base. The property consists of two buildings, offering flexibility and potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-established, high-performing retail center with a strong tenant mix and excellent long-term prospects. The absolute net lease structure minimizes landlord responsibilities, making this an ideal investment for passive income seekers. Don't miss this chance to secure a prime retail asset in a thriving New York community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 7,439 SF
Lot 1.15 ac (50,094 SF)
Zoning code 05 - COMMERCIAL
APN 265201 068.44-2-13
UPID US63-2455611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$701k
Blend (final) Blend
$665k

Owner & transaction history

since 2026
Last sale
$765,000
7 recorded transactions
2026
$170,000
2025
Price N/A
2025
$765,000
2025
Price N/A
2022
$650,000
2015
$587,500
2010
$525,000

Zoning & alternative use

05 - COMMERCIAL · Brockport, NY
Top alternative use upside
Restaurant $875,000 +68.5%
Auto repair, garage $845,000 +62.7%
Office building $670,000 +29.2%

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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