For Sale
$4,955,000

175 Josons DrRochester, NY 14623

High-Credit Tenant, NNN Lease, Long Term

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A industrial property, located at 175 Josons Dr, Rochester, NY 14623, offers a compelling net lease investment opportunity. The 37,575 square foot warehouse boasts a 20-foot ceiling height, two loading docks, and one dock-high door, making it ideal for efficient operations. Built in 2015 and renovated in 2019, the single-story building sits on a strategically located site, approximately four miles from the New York State Thruway/Interstate-90 interchange with I-390, providing easy access to major transportation routes. Currently 100% occupied by a high-credit tenant, Rexel USA, Inc., under a triple-net (NNN) lease extending to February 28, 2035, this property offers predictable cash flow and built-in rental increases throughout the lease term. The property is zoned for industrial and mixed-use overlay, providing flexibility for future development. The asking price is $4,955,000, translating to $131.87 per square foot. This represents a rare opportunity to acquire a high-quality, net-leased industrial asset in a strong market. The property's prime location, modern features, and long-term lease with a financially sound tenant make it an attractive investment for discerning buyers.

Highlights

  • $4,955,000 asking price for a 37,575 SF Class A warehouse in Rochester, NY.
  • Net lease investment opportunity with a 100% occupancy rate.
  • Single-tenant, NNN lease with Rexel USA, Inc. extending through February 28, 2035.
  • Built in 2015, renovated in 2019, featuring 20' ceiling height and 2 loading docks.
  • Located at 175 Josons Dr, Rochester, NY 14623, with convenient access to major highways.

Property Details for 175 Josons Dr

Property type
Warehouses, Industrial properties
Square Feet
37,575 SF
Class
A
Year Built/Renovated
2015/2019
Buildings
1
Stories
1

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.0804095
Longitude
-77.6579643
175 Josons Dr, Rochester, New York

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175 Josons Dr
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