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Bank

M&T Bank | NNN Lease | 40+ Year Successful Operating History | Rochester MSA

2133 Hudson Ave, Rochester, NY 14617

Listing Price: $1,293,341

Cap Rate
5.75%
Tenant Name
MT Bank
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,624
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.34

Investment Overview

Marcus & Millichap is pleased to offer a corporate-guaranteed NNN M&T Bank located at 2133 Hudson Avenue in Irondequoit, NY, within the Rochester MSA. The asset delivers passive, stable income backed by a publicly traded financial institution with a long-established operating history. The branch benefits from 40+ years of continuous operation, demonstrating strong performance and long-term viability at this site. The lease provides ±5 years of remaining term, with two renewal options featuring 7.5% and 5% rent increases, offering durable cash flow and built-in income growth.

The property is strategically positioned along Hudson Avenue, a heavily traveled corridor serving dense suburban neighborhoods and connecting directly to downtown Rochester. The surrounding trade area includes national retailers, neighborhood services, and major shopping centers, creating consistent daily traffic and strong consumer demand. The immediate area continues to benefit from new residential and commercial development, reinforcing long-term stability.

The Rochester MSA is a 1.06 million-person economy anchored by major institutions such as the University of Rochester, Rochester Regional Health, and Wegmans. With a diversified employment base, strong household incomes, and ongoing public and private investment, the region provides a solid foundation for long-term net-lease performance.

This offering represents an opportunity to acquire a high-quality, passive NNN investment with a strong corporate guaranty, proven operational history, and a prime suburban location within a stable and growing Northeast market.

Investment Highlights

  • Corporate-Guaranteed NNN Lease
  • Established Branch in a High-Traffic Retail Corridor
  • Proven Operational Stability
  • Strong Regional Economic Fundamentals

Exclusively Listed By

  • Jason Fefer

    California Licensed Real Estate Salesperson

    (310) 909-2394

    Email Jason

    License(s): CA: 02100489

    Los Angeles

  • Tyler Bindi

    California Licensed Real Estate Salesperson

    (310) 909-2374

    Email Tyler

    License(s): CA: 02116455

    Los Angeles

  • Rob Narchi

    California Licensed Associate Real Estate Broker

    (310) 909-5426

    Email Rob

    License(s): CA: 01788517, CA: 01324570

    Los Angeles

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Bank

M&T Bank | NNN Lease | 40+ Year Successful Operating History | Rochester MSA

Listing Price: $1,293,341

Cap Rate
5.75%
Tenant Name
MT Bank
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,624
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.34

Investment Highlights

  • Corporate-Guaranteed NNN Lease
  • Established Branch in a High-Traffic Retail Corridor
  • Proven Operational Stability
  • Strong Regional Economic Fundamentals

Investment Overview

Marcus & Millichap is pleased to offer a corporate-guaranteed NNN M&T Bank located at 2133 Hudson Avenue in Irondequoit, NY, within the Rochester MSA. The asset delivers passive, stable income backed by a publicly traded financial institution with a long-established operating history. The branch benefits from 40+ years of continuous operation, demonstrating strong performance and long-term viability at this site. The lease provides ±5 years of remaining term, with two renewal options featuring 7.5% and 5% rent increases, offering durable cash flow and built-in income growth. The property is strategically positioned along Hudson Avenue, a heavily traveled corridor serving dense suburban neighborhoods and connecting directly to downtown Rochester. The surrounding trade area includes national retailers, neighborhood services, and major shopping centers, creating consistent daily traffic and strong consumer demand. The immediate area continues to benefit from new residential and commercial development, reinforcing long-term stability. The Rochester MSA is a 1.06 million-person economy anchored by major institutions such as the University of Rochester, Rochester Regional Health, and Wegmans. With a diversified employment base, strong household incomes, and ongoing public and private investment, the region provides a solid foundation for long-term net-lease performance. This offering represents an opportunity to acquire a high-quality, passive NNN investment with a strong corporate guaranty, proven operational history, and a prime suburban location within a stable and growing Northeast market.

Exclusively Listed By

  • Jason Fefer

    California Licensed Real Estate Salesperson

    (310) 909-2394

    Email Jason

    License(s): CA: 02100489

    Los Angeles

  • Tyler Bindi

    California Licensed Real Estate Salesperson

    (310) 909-2374

    Email Tyler

    License(s): CA: 02116455

    Los Angeles

  • Rob Narchi

    California Licensed Associate Real Estate Broker

    (310) 909-5426

    Email Rob

    License(s): CA: 01788517, CA: 01324570

    Los Angeles

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

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