Listed by North Rock Real Estate
$3,350,000
Broadway Marketplace
Details
APN 641444079069
Property Type Retail
Sub Type Storefront
Square Footage 10,715
Net Rentable (SqFt) 10,715
Units 5
Cap Rate 5.21%
NOI $174,430
Occupancy 82.41%
Lease Type NNN
Pro-Forma Cap Rate 7.67%
Pro-Forma NOI $256,993
Price per SqFt $313
Class B
Year Built 2008
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.250
Zoning MXG
Investment Type Core+
Ground Lease No
Rochester Multi-Tenant Retail NNN Investment
Marketing description
Broadway Marketplace presents a rare chance to acquire a multi-tenant NNN retail asset positioned within one of Rochester’s most established and high-performing commercial corridors. Located just off the heavily trafficked South Broadway/Highway 63 interchange, the property benefits from exceptional visibility, consistent daily traffic counts, and direct adjacency to major national anchors including Walmart, Kohl’s, Menards, At Home, Total Wine, and Culver’s.
Investment highlights
Prime South Broadway Location
Strong Retail Corridor anchored by major traffic generating anchors
True NNN Lease Structure
Listing Contacts
Listed by North Rock Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$174,430.00
$14,535.83/mo
Valuation Metrics
0
DSCR
5.21%
Cap Rate
5.21%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Brokerage Address
Name
License
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
