125 White Spruce BlvdRochester, NY 14623

Property Details for 125 White Spruce Blvd

Year built

1976

Lot size

3.48 AC

Property size (Sq ft)

14,642 SF

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Strip malls

APN

262000 149.09-1-10.1

APU

262000149091101

Description

Southview Commons, located at 125 White Spruce Boulevard in Brighton, NY, presents a prime opportunity for businesses seeking versatile office and retail space. This suburban Rochester development offers a unique blend of medical, traditional office, and showroom/flex spaces within a thriving commercial area. The property boasts a total of three suites, with a significant amount of vacant space totaling 26,673 square feet, offering flexibility for businesses of various sizes. Minimum leasable space is 4,000 square feet, ideal for larger tenants or those seeking to consolidate operations. Its strategic location provides exceptional access to major expressways, placing it within easy reach of a wide range of businesses and amenities. The surrounding area is densely populated, featuring numerous office parks, hotels, residential complexes, and retail establishments. Furthermore, its proximity to Monroe Community College and the University of Rochester Medical Center (Strong) enhances its appeal and accessibility. This property is perfect for businesses seeking a high-visibility location in a dynamic and convenient setting. The building's multi-tenant configuration allows for a diverse range of occupants, fostering a vibrant and collaborative environment. The available space presents a rare opportunity to establish a strong presence in a highly sought-after area of Rochester.

• CAP approach

  CAP return

  Valuation

  6%

  $3,475,724

  6.5%

  $3,208,360

  7%

  $2,979,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,370,920

  Geo Method

  $2,321,243

• Alternative Use

  Use

  Valuation

  Residential

  $2,706,372

  Hospitality

  $2,479,022

  Educational

  $2,062,517

  Medical

  $2,133,450

  Retail

  $3,208,360

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1059

Longitude

-77.6177

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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