951 JEFFERSON RD Rochester NY 14623-3213

Warren Commercial Real Estate is pleased to present for sale a fully leased 12,400 square-foot multi-tenant strip center located in the heart of Rochester, NY’s busiest commercial corridor. This prime asset is anchored by high-credit parent company leases with Sherwin Williams and DXL, offering a stable and reliable income stream on NN+ terms.

The property is situated at a highly visible, signalized intersection along Jefferson Road, with over 27,000 vehicles passing daily. This location ensures excellent visibility, exposure and access, making it a standout investment in a highly trafficked area. The property underwent a full exterior renovation in 2014, enhancing both its curb appeal and long-term value, while maintaining the highest standards of construction with a steel frame and EPDM roofing, ensuring durability for years to come.

The center sits on a large, 1.23-acre lot, providing ample space for growth or future development. On-site parking is abundant, with 27 spaces in the front lot and additional parking in the rear, ensuring convenience for both tenants and customers.

With 10 years remaining on the Sherwin Williams lease and DXL having recently renewed their lease for an additional five years, bringing the total remaining term to six (6) years, this property represents a safe and passive investment opportunity. With the DXL renewal set to take effect in 2026, a substantial rent increase is guaranteed, further enhancing the property’s revenue potential. This makes it a perfect 1031 exchange opportunity for investors looking for a secure, income-generating asset.

The NN+ lease structure provides for low management responsibilities, creating a truly passive income investment with rent increases scheduled every five years for both tenants. Furthermore, management fees are included in the leases, adding to the property’s income stream. With a NOI of $249,123.75 effective 8/1/2026, upon the commencement of DXL’s lease renewal, this property represents an exceptional opportunity for investors seeking a stable and high-potential asset.

This is a tremendous opportunity to acquire this well-positioned, income-generating property in Rochester’s most sought-after commercial area.

Property Highlights

• Fully Leased 12,400 SF Multi-Tenant Strip Center featuring high-credit corporate-guaranteed leases with Sherwin Williams and DXL on NN+ terms.

• Prime Location at a signalized intersection along Jefferson Road, Rochester’s busiest commercial corridor, with 27,000+ AADT, offering exceptional visibility and high traffic.

• Perfect 1031 exchange opportunity.

• Recent Full Exterior Renovation completed in 2014, enhancing curb appeal and long-term value.

• Spacious 1.23-Acre Lot, providing ample room for growth and development.

• Abundant On-Site Parking with 27 parking spaces in the front and a similar number of additional spaces in the rear lot.

• Quality Construction built with a steel frame and EPDM roofing, ensuring durability and long-term stability.

Lease Highlights

• 10 Years Remaining on a brand-new extension on Sherwin Williams Lease, offering a stable income stream with a reliable tenant. Sherwin Williams has occupied this store since 1989.

• DXL renewed their lease for an additional five years on 6/27/25, resulting in a total remaining Lease Term of six (6) years. DXL has been a tenant in the building since 2014. A significant rent increase is scheduled to take effect on 8/1/2026.

• 12.5 Years remaining on the Ground Lease with the Genesee Valley Regional Market Authority at a highly favorable rate. The Landlord can extend the ground Lease up to a total of 30 years at any point during the remaining term.

• NN+ Leases offering low management responsibility for a truly passive income investment.

• Scheduled Rent Increases Every 5 Years for both tenants, ensuring long-term revenue growth.

• Management Fees Included in the leases, generating additional income.

• Upon the commencement of DXL's five-year renewal on 8/1/2026, the Net Operating Income (NOI) will be $249,123.75.