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Basin Tech Centre 1120 Pittsford Victor Rd 38,560 sq ft 100% Let Office Property Pittsford, NY 14534 £5,373,804 (£139.36/sq ft) 10% Net Initial Yield
EXECUTIVE SUMMARY
1120 Pittsford Victor Road is a freestanding; multi-tenanted building leased to TOPTICA Photonics and Monroe Plan for Medical Care located in the highly desirable Route-96 corridor in the Town of Perinton.
This property, in conjunction with recent long-term leases, has undergone significant capital improvements of over $2 million. Upgrades include HVAC improvements, new heat pumps, fully comprehensive service/maintenance contract, specialized lab, clean room, and R&D space added, addition of a new loading dock, and 12 electric vehicle charging stations.
All three floors have received interior build-out upgrades to modernize the space, including a full conversion to LED lighting throughout the Building.
Contact for more information
This property, in conjunction with recent long-term leases, has undergone significant capital improvements of over $2 million. Upgrades include HVAC improvements, new heat pumps, fully comprehensive service/maintenance contract, specialized lab, clean room, and R&D space added, addition of a new loading dock, and 12 electric vehicle charging stations.
All three floors have received interior build-out upgrades to modernize the space, including a full conversion to LED lighting throughout the Building.
Contact for more information
PROPERTY FACTS
Sale Type
Investment
Property Type
Property Size
38,560 sq ft
Costar Property Class
B
Year Built/Renovated
1999/2022
Price
£5,373,804
Price per sq ft
£139.36
Yield
10%
NOI
£537,380
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
12,853 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.24
Total Plot Size
3.65 ac
Use Class
Restricted Business - Restricted Business
Parking
150 Spaces (3.89 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Signage
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PROPERTY TAXES
| Parcel Number | 264489-179-040-0001-003-220 | Improvements Assessment | £2,590,673 |
| Land Assessment | £276,846 | Total Assessment | £2,867,518 |
PROPERTY TAXES
Parcel Number
264489-179-040-0001-003-220
Land Assessment
£276,846
Improvements Assessment
£2,590,673
Total Assessment
£2,867,518
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Basin Tech Centre | 1120 Pittsford Victor Rd
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