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Net Lease

Adaptec Solutions Portfolio

130 Commerce Dr, Rochester, NY 14623

Listing Price: $6,653,500

Cap Rate
6.00%
Lot Size
7.82 acres
Year Built
1970
Rentable SF
82,060

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a portfolio of Adaptec Solutions facilities located in New York State. The sites consists of roughly 82,060 of total rentable square feet of building space. This Adaptec Solutions portfolio will be subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $399,210 and is scheduled to increase on and a half percent (1.50%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Investment Highlights

  • Brand New 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Corporate Guarantee from Adaptec Solutions

Exclusively Listed By

Net Lease

Adaptec Solutions Portfolio

Listing Price: $6,653,500

Cap Rate
6.00%
Lot Size
7.82 acres
Year Built
1970
Rentable SF
82,060

Investment Highlights

  • Brand New 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Corporate Guarantee from Adaptec Solutions

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a portfolio of Adaptec Solutions facilities located in New York State. The sites consists of roughly 82,060 of total rentable square feet of building space. This Adaptec Solutions portfolio will be subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $399,210 and is scheduled to increase on and a half percent (1.50%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.

Exclusively Listed By

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