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384 East AveRochester, NY 14607

Prime Rochester eatery, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A retail investment opportunity presents a fully occupied, 10,099 square-foot restaurant and catering operation located at 384 East Avenue in Rochester, New York's vibrant East End entertainment district. Built in 1957 and extensively renovated in 2023, this single-story building sits on a 0.68-acre lot and enjoys 100% occupancy under a triple-net (NNN) lease, ensuring long-term stability for the investor. The property features a spacious interior including a ballroom, central bar, and an additional bar perfect for private events, accommodating gatherings from 25 to over 125 guests. Two private outdoor patios with fireplaces enhance the property's appeal. The current tenant, JoLi, is a thriving private event and catering company with an on-site take-out kitchen. Benefiting from its adjacency to the new 126-room Courtyard by Marriott hotel, this location offers high visibility and significant foot traffic. Its proximity to the Central Business District and over 4.5 million square feet of office space guarantees a consistent stream of potential customers. This stabilized investment presents a rare opportunity to acquire a thriving business in a prime location. The property's strong tenant, desirable location, and secure lease structure make it an attractive addition to any portfolio.

Highlights

  • Class A, 10,099 SF retail building in Rochester, NY's East End entertainment district.
  • 100% occupied by JoLi, a thriving catering and event company with a take-out kitchen.
  • Features a ballroom, central bar, and additional private event bar, accommodating 25-125 guests, plus two outdoor patios with fireplaces.
  • NNN lease provides long-term stability.
  • Located adjacent to a 126-room Courtyard by Marriott, offering high visibility and foot traffic, near the CBD and 4.5M SF of office space.
  • Built in 1957, renovated in 2023, situated on a 0.68-acre lot.

Property Details for 384 East Ave

Property type
Retail properties, Restaurants
Square Feet
10,099 SF
Class
A
Year Built/Renovated
1957/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.15519480143
Longitude
-77.594371429754
384 East Ave, Rochester, New York

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384 East Ave
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