www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28776608
28776609

690 Long Pond Rd, Rochester, NY 14612

BD
NY 10491202934
Donovan Real Estate Services
Listed by Donovan Real Estate Services
$5,900,000
207 days on market
Updated 21 days ago

Chase Bank Investment Property

Details
APN 262800-059-010-0003-061-000
Property Type Retail
Sub Type Bank
Square Footage 4,770
Net Rentable (SqFt) 4,770
Cap Rate 5%
NOI $295,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chase Bank
Lease Type Absolute NNN
Lease Expiration 01/31/2036
Remaining Term 9.6
Rent Bumps Yes
Price per SqFt $1,237
Year Built 1991
Buildings 1
Stories 1
Acreage 1.212
Parking Spaces 26 spaces
Parking Per SqFt 5.45
Ground Lease Yes

Mature Branch—Chase Bank Investment Property in Rochester, NY MSA | 5.00% CAP

Marketing description

Freestanding Chase Bank investment property with an absolute NNN lease is available. The original lease was signed in 1991, and Chase Bank has recently signed a second ten-year renewal, showing their continued commitment to the trade area.

The Chase Bank investment property located in Greece, NY, a suburb of the Rochester, NY MSA. The Chase Bank branch is located at the entrance to the Greece Business Park, a multi-tenant development. Tenants in the development include Burger King, Starbucks, Go Carwash, M&T Bank, ALDI, and University of Rochester Medical Labs medical office building. Across the street is a Wegmans-anchored neighborhood shopping center, with Pet Supplies Plus, Keybank, Brueggers Bagels, UPS Store, and several local businesses. Other retailers in the trade area include Wendy’s, Walgreens, Tractor Supply Co., McDonalds, YMCA, and several local and regional banks and credit unions.

Rochester is home to a number of Fortune 1000 companies and international businesses including Eastman Kodak, Carestream Healthcare, Bausch & Lomb and Paychex. The region has what successful businesses need: a talented and competitively-priced labor pool, competitive tax incentives, and prime real estate at costs well below the national average. The region’s key industries include advanced manufacturing, food and beverage manufacturing, optics, photonics and imaging, biotech and life sciences, energy innovation and software and IT services. Rochester’s 1,500 manufacturers employ 12.5% of the local workforce.

The area is known for its increasingly diverse high technology sphere encompassing STEM fields. Several of the region’s universities have renowned research programs, including the University of Rochester and the Rochester Institute of Technology. These institutions produce an educated workforce that generates cutting-edge research programs, driving the city’s innovation and technology sectors.

Investment highlights

2025 Deposits of $182,005,000—18% increase since 2020, 62% increase since 2015

Tenant pays utilities, taxes, and maintains all aspects of the premises—No landlord responsibilities

Building is on a corner lot next to the signalized entrance

Located along Long Pond Rd, a main north/south road in Greece, NY

Listing Contacts

BD
NY 10491202934
Donovan Real Estate Services
Listed by Donovan Real Estate Services

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
$295,000.00
$24,583.33/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

Intelligence Badge
BR CommercialGeneral CommercialRestricted Business
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 21 uses
View all 21 uses
Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591