Jiffy Lube Irondequoit, NY

1268 East Ridge Road
Irondequoit, NY

Price: $3,075,000
Cap Rate: 5.55%
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: 2019

Investment Overview

  • 2019 Construction. 4,042+/- SF Building on .69+/- Acre Site
  • New 15-Yr Corp. Abs NNN Lease projected to open Dec 2019
  • Located along Ridge Rd (16K VPD) & Just N of NY-104 (64K VPD)
  • Near Home Depot, Walmart, Harbor Freight, Target, Starbucks, Chipotle
  • Across 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: 130,513 | Average HH Income: $54,754
  • Rochester (MSA) is one of the largest regional economies | Population 1M+