Citizens Bank for Sale in Rochester, NY
Rochester, NY
Key Investment Metrics
Price
$1,409,091
Cap Rate
5.5%
Net Operating Income
$77,500
Building Size
3187 SF
Land Area
0.48 Acres
Remaining Term
9.8 years
Lease Expiration
04/30/2036
Lease Term
10 years
Lease Commencement
05/20/2026
Lease Type
NNN
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
5% in Year 6, then 10% every 5 years
Property overview
Citizens Bank in Rochester
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,187 SF
- Land area
- 0.48 acres
- Year built
- 2026
- Lease type
- NNN
- Lease expiration
- 04/30/2036
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.