Jiffy Lube Irondequoit, NY

1268 East Ridge Road
Irondequoit, NY

Price: $2,995,000
Cap Rate: 5.70%
NOI: $170,672
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 0.69 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,042+/- SF Building on .69+/- Acre Site
  • New 15-Yr Corp. Abs NNN Lease w/ 10% Increase Every 5 Years
  • Located along Ridge Rd (16K VPD) & Just N of NY-104 (64K VPD)
  • Near Home Depot, Walmart, Harbor Freight, Target, Starbucks, Marshalls
  • Across From Rochester General Hospital (528 Beds) | N of Downtown Rochester
  • Dense Infill location, Surrounded by Residential, Retail, & Commercial hubs
  • Irondequoit is a town in Rochester (One of the United States First Boom Towns)
  • Rochester in home to a number of Fortune 1000 & International Businesses
  • 3-Mile Radius Estimated Population: 296,714 | Average HH Income: $60,954
  • Rochester (MSA) is one of the largest regional economies | Population 1M+

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