Investment Overview

Marcus & Millichap is pleased to present this Medical Office investment opportunity for sale. Built in 2006 with Class A finishes, the subject property is strategically located in the commercial real estate corridor of Northwest Rochester that is the most densely occupied with medical office tenants. It is also adjacent to a major commercial real estate area with many national and regional tenants such as Costco, Aldi, Starbucks, Sleep Number, US Bank, Crumble Cookies, Jersey Mike's and Sherwin Williams. It's also adjacent to several hotels and many professional office tenants, many of whom have relocated to this corridor from other areas of Rochester. Both of the existing tenants renewed their leases in 2022, coming out of COVID-19, demonstrating the strength and desirability of the location. For the third space which is currently vacant, the Seller will credit one year's worth of rent and CAM to buyer at closing giving the buyer adequate time to find a long-term tenant. The previous tenant was a dentist so there is plumbing and electrical in place which may be advantageous to a new tenant.