Shopping Strip
LeRoy Village Plaza
127 W Main St, Le Roy, NY 14482
Listing Price: $2,850,000
Investment Overview
This is a newly redeveloped 38,289-square-foot retail shopping center anchored by the first Dollar Tree/Family Dollar combo store in the market, newly expanded University of Rochester primary care and lab, new AutoZone, and upside from 4,500 SF (12% GLA) vacancy. The subject property is located on the western edge of the Town of Le Roy on New York State Route 5 (Main Street) and is directly across from Tops Plaza at a shared signalized intersection. This is a great investment opportunity that offers a stabilized center with upside from lease up of vacancy.
LeRoy Village Plaza
Investment Highlights
- 89% Credit Tenants
- Excellent hedge against inflation with all NNN Leases
- Upside with lease up 4,500 SF (12% GLA)
- Annual 2% rent bumps from the University of Rochester
- The University of Rochester recently expanded and invested in upgraded installation
- New leases with national credit AutoZone and Dollar Tree/Family Dollar Combo store
- First Dollar Tree/Family Dollar combo store in the area
- Well located on West Main Street (Route 5), the market's main retail corridor
Listing Price: $2,850,000
Investment Highlights
- 89% Credit Tenants
- Excellent hedge against inflation with all NNN Leases
- Upside with lease up 4,500 SF (12% GLA)
- Annual 2% rent bumps from the University of Rochester
- The University of Rochester recently expanded and invested in upgraded installation
- New leases with national credit AutoZone and Dollar Tree/Family Dollar Combo store
- First Dollar Tree/Family Dollar combo store in the area
- Well located on West Main Street (Route 5), the market's main retail corridor
Investment Overview
This is a newly redeveloped 38,289-square-foot retail shopping center anchored by the first Dollar Tree/Family Dollar combo store in the market, newly expanded University of Rochester primary care and lab, new AutoZone, and upside from 4,500 SF (12% GLA) vacancy. The subject property is located on the western edge of the Town of Le Roy on New York State Route 5 (Main Street) and is directly across from Tops Plaza at a shared signalized intersection. This is a great investment opportunity that offers a stabilized center with upside from lease up of vacancy.
