200 & 300 White Spruce Blvd
Office | 8.20% CAP | 50,816 SqFt
Marketing description
CBRE Upstate NY as exclusive broker, is pleased to present to qualified investors the opportunity to acquire 200 & 300 White Spruce Boulevard in the Town of Brighton, New York (the “Property”). The Property offers 50,816 rentable square feet of multi-tenant medical and professional office space. Both buildings were extensively renovated in 2020 with improvements including: new siding, new roofs, new lighting, new entry canopy, common area bathroom & lobby renovations, and newly paved parking lots. The buildings are currently 76.7% occupied (Building 200 is fully leased, and Building 300 is 52% leased), providing a sound income stream (T-12 NOI: $656,129 for period ending 10/11/2025) while continuing to offer upside for investors.
The Property is located in the south central submarket of the Rochester metropolitan area, offering superior expressway access as well as close proximity to the University of Rochester Medical Center (URMC), a key driver for medical office location decisions. The surrounding area is further served by multiple hotels, retail amenities, restaurants, and multi-family residential.
Additional information may be found on the property website at www.WhiteSpruceBlvd.com
Investment highlights
In Place Income Stream + Upside Potential
The Property benefits from secure in-place cash flow with 76.7% of the square footage leased. Building 200 is now fully occupied with additional growth opportunity available in Building 300
Extensive renovations to the property have resulted in steady lease up and consistent year-over-year NOI growth.
Many current tenants have made significant investments in FF&E, increasing the likelihood of lease renewal.
Strategic location for medical tenants due to proximity to University of Rochester Medical Center and regional expressways.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
