23% cap rate.
7,200 sf warehouse with 800 sf office, complete with 4 overhead doors, a metal roof, a bathroom, break room, built in 2008. Tenant renewed for five more years, in June of 2017, that will total a 15 year lease with 2.5% annual increases, beginning in June 2018. Great condition, plenty of parking, close to expressways, on bus lane, available immediately as owner investor.
Since entering the real estate industry in 2010; Eric Whitlock takes great care to get to know his clients, learn their needs and motivations, before carefully crafting a plan and setting expectations that lead his clients to success.
Address 3300 Monroe Ave,Ste 209, Rochester,NY, 14618
Telephone (585) 613-4614
Hours Mon - Fri 9 AM - 5 PM
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