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2110 Chili Ave

7,322 SF 100% Leased Retail Building Gates, NY 14624 $4,459,859 CAD ($609 CAD/SF) 7% Cap Rate

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Investment Highlights

Starbucks & Aspen Dental Anchored Strip Center | 3 Tenants | Starbucks Drive-Thru | Starbucks & Aspen Dental Comprise 85% of Gross Income
Walmart Shadow Anchored | Significant Daily Traffic Drivers | Walmart, Panera, McDonalds, Walgreens, Ross Dress For Less, Dollar Tree, Chase & USPS
Closest Walmart to University of Rochester (3 miles) – 12,000+ Students | Less Than 5 miles from Downtown Rochester Daytime Population of ±250,000

Immediate Value-Add Opportunity | 1 Vacant Unit – 1,076 SF | 85% Occupied
Walmart Ranks in 73rd Percentile for Most Heavily Trafficked Walmart’s in the U.S. per Placer.ai (2.1M+ Annual Visits)
Located Directly Next to Wegman’s Corporate HQ Campus + the Greater Rochester International Airport Combined Employment Base of 25,000+ People

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,322 SF

Building Class

Year Built

2000

Price

$4,459,859 CAD

Price Per SF

$609 CAD

Cap Rate

NOI

$312,190 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.12

Land Acres

1.35 AC

Zoning

Parking

75 Spaces (10.11 Spaces per 1,000 SF Leased)

Frontage

102 ft on Chili Ave

Amenities

Dedicated Turn Lane

Pylon Sign

Signage

Signalized Intersection

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