
Rochester, NY Post Office
Retail | 7.25% CAP | 4,160 SqFt
Marketing description
Investment opportunity in the heart of Rochester, NY, presenting **USPS | 376 Lexington Ave, Rochester, NY 14613**. This property boasts a reliable tenant, the United States Postal Service (USPS), with a long-term lease in place until 2030. Offered at $765,000, this 4,160 sq ft building yields an impressive 7.25% cap rate. With an annual rental income of $62,462 through 2030, including renewal options, this property offers a secure investment with a stable income stream. Conveniently located near major transportation routes and the heart of downtown Rochester, this property is situated in a strategic location with easy access to amenities and services.
Investment highlights
*5 year option signed through 2030 / USPS has one more 5 year option through 2035
*Under-market rent
*USPS tax reimbursement rider
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