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4401 Lake Ave, Rochester, NY, 14612

Caliber Collision
$1,887,978

Key Information

Cap Rate
8%
$ per SF
$122
Tot. SF
15,418
Lot Size
0.76 Acres
Term Remaining
± 4.80 Years
Type
Retail
NOI
$151,038

Highlights

  • Strategic Corridor Location: Positioned along heavily traveled Lake Avenue in the Charlotte neighborhood of Rochester, the property benefits from strong visibility, convenient access, and consistent daily traffic within an established residential and commercial corridor.
  • Proximity To Lake Ontario Destinations: Located just minutes from waterfront attractions including Ontario Beach Park and the historic Charlotte-Genesee Lighthouse, the site draws from a stable lakeside community with steady vehicle flow.
  • Corporate-Backed Industry Leader: Leased to Caliber Collision, which operates 1,800+ locations nationwide and generates over $7 billion in annual revenue, providing strong national brand presence, operational scale, and investor confidence.
  • Long-Term Net Lease With Minimal Landlord Responsibilities: Structured as a net lease investment, the property offers passive ownership with limited management obligations, making it attractive for investors seeking stable, hands-off cash flow.
  • Built-In 2% Annual Rent Increases: The lease includes 2% annual escalations, delivering consistent income growth and providing a substantial hedge against inflation.
  • Below-Market Rent With Upside: Current rental rate is under $10.00 PSF, while comparable industrial/flex market rents in the Rochester submarket are approximately $16–$18 PSF (CoStar), offering meaningful long-term mark-to-market potential.
  • Purpose-Built ±15,418 SF Facility: Situated on approximately ±1.76 acres, the property features ample vehicle staging, multiple service bays, and an efficient layout tailored for high-volume collision repair operations.
  • Recession-Resilient, Essential Use: Collision repair is a needs-based, insurance-driven service that remains steady through economic cycles and is largely insulated from e-commerce disruption, making it one of the more defensive single-tenant asset classes.
  • Stable Regional Economy: Rochester’s diversified employment base across healthcare, education, and manufacturing supports long-term demand for essential automotive services and reinforces the durability of this investment.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017