790 Ayrault RdFairport, NY 14450

For Sale
$1,599,999
Prime Medical Office Building, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a 9,250 square foot, Class B medical office building situated on a 2.35-acre lot in Fairport, New York. The property, built in 1995, features a single story design and is currently 70% occupied by a long-term anchor medical tenant under a triple net (NNN) lease with five years remaining on a ten-year term, offering immediate cash flow. The building boasts a strategic location on a signalized corner with high daily traffic exceeding 15,000 vehicles, ensuring excellent visibility and accessibility. An additional 2,250 square feet of space is available for lease, presenting a value-add opportunity to increase occupancy and rental income. The property also includes an adjacent parcel, offering significant potential for future development or expansion. The asking price is $1,599,999, translating to $172.97 per square foot. The property includes ample parking, providing four spaces per 1,000 square feet. The permitted zoning is Restricted Business, and the property is ADA compliant. This offering presents a compelling combination of stable income from an existing tenant and significant upside potential through lease-up and/or development of the additional land. The property's location in the heart of Perinton/Fairport, NY, ensures strong demand and future growth prospects. This is a rare opportunity to acquire a well-located, income-producing asset with substantial value-add potential.

Highlights

  • Strong Anchor Tenant in Place
  • Grade-level entry with ADA accessibility
  • High-visibility corner location with signalized intersection
  • Adjacent developable land parcel

Property Details for 790 Ayrault Rd

Property type
Retail properties, Office properties
Square Feet
9,250 SF
Class
B
Year Built
1995
Stories
1
Lot Size (sq. ft)
102,366 SF

Location Insight

City
Fairport
County
Monroe
State
New York
Latitude
43.0797509
Longitude
-77.4415678
790 Ayrault Rd, Fairport, New York

FAQs

What type of property is this?
Retail property - Prime Medical Office Building, High Traffic Location
Where is the retail property located?
The property is located at 790 Ayrault Rd Fairport, NY.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Strong Anchor Tenant in Place; Grade-level entry with ADA accessibility; High-visibility corner location with signalized intersection
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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790 Ayrault Rd
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