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1650 Elmwood Ave
Rochester, NY 14620

$5,500,000 USD

Drugstore For Sale  •  14,820 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,820 SF
• Lot Size 2.7 AC
• Building Class B
• Year Built 1986
• Cap Rate 8.00 %
• Tenancy Single
• Zoning 2

32 Transit Score

48 Walk Score

Highlights

$3.2 million reported sales with consistent growth

Double drive-thru

Very low rent to sales ratio

Near the University of Rochester (14,000 students)

Close to the Strong Medical Center with 886 beds and growing

5-mile population is 289,000 with $80,000 average household income

Property Flyers

Walgreens Rochester NY Flyer 8 Cap1

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS
Rite Aid
Walgreens	14,820 SF	4/30/2032

Amenities

• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Rochester (Empire Service - VIA Rail, Lake Shore Limited - VIA Rail, Maple Leaf - VIA Rail, Toronto - New York - VIA Rail)	7 min	-	3.2 mi
Airport	Drive	Walk	Distance
Frederick Douglass/Greater Rochester International	9 min	-	4.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes