Jiffy Lube Henrietta, NY

325 Marketplace Dr
Henrietta, NY

Price: $2,631,000
Cap Rate: 5.55%
NOI: $146,002
Building Size: Approx. 3,200 Sq. Ft.
Lot Size: Approx. 0.25 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 3,200+/- SF Building on 0.25+/- Acre Site
  • New 15-Yr Corp NNN Lease w/ Rare 10% Rent Bump Every 5-Yrs
  • Located along Marketplace Dr and W Jefferson Rd (29,680 VPD)
  • Just north of Interstate 390 “Genesee Expressway” (82,862 VPD)
  • Across Marketplace Mall, 1M+ s.f. shopping center under re-development
  • Dense Retail Corridor, Near Home Depot, Lowe’s, Target, Best Buy, Starbucks
  • Access to Interstate and multiple Highways | 10-Miles S of downtown Rochester
  • Rochester is home to multiple colleges and universities, driving economic growth
  • Rochester NY MSA is the third largest economy & second wealthiest region in NY