Listed by Benchmark Realty Advisors, LLC
$1,750,000
550 East Main Street
Details
Property Type Office
Sub Type Traditional Office
Cap Rate 9.93%
NOI $173,766
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Parking Spaces 43 spaces
Investment Type Sale/Leaseback
Office | 9.93% CAP
Marketing description
Benchmark Realty Advisors is pleased to exclusively offer this fully leased office building located at 550 East Main Street, Rochester, NY. The property is fully leased to three separate office tenants each with a triple net lease and includes a two-story office building with finished lower level and 43 parking spaces on 0.45 acres, all in very close proximity to the amenities of Rochester's East Avenue Corridor and Inner Loop Redevelopment Project. Each tenant space has been recently renovated/built out.
Listing Contacts
Listed by Benchmark Realty Advisors, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$173,766.00
$14,480.50/mo
Valuation Metrics
0
DSCR
9.93%
Cap Rate
9.93%
ROI
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