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For Sale

400 West Ave

400 West Ave,
Rochester, NY 14611

Asset Snapshot

1940
Year Built
3
Floor Count
6
Building Count
323
Parking Spots
91.72%
Occupancy

Offering Summary

Investment Overview

• Existing Anchor Tenants: RG&E, AT&T, and Action for a Better Community • Long-Term Credit Tenancy: RG&E (since 1993, lease thru 2032) and AT&T (since 1994, lease thru 2028) together occupy 70% of RBA and contribute 80% of base rent • Mission-Critical Infrastructure: RG&E has invested $80M+ in site upgrades, including dual power feeds and diesel backup generators • Strategic Access: Immediate proximity to I-390, I-490, and the Greater Rochester International Airport • Regional Utility Hub: Serves as RG&E’s primary staging facility for a nine-county service area • Diverse Tenant Mix: Utilities, telecommunications, and nonprofit/community services, including Action for a Better Community (42,111 SF, lease thru 2030) • Investment Opportunity: Stable, high-occupancy asset with long-term credit tenancy and assumable financing at a below-market fixed rate • Key Attributes: Established mission-critical facility, strong


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Listing Syndicated From

Buildout
For Sale
$40,339,597.48
Asking Price