3160 West Ridge Road Greece

Highlights

+ FAVORABLE LAND LEASE STRUCTURE - The Subject Property is controlled by a 99-year land lease which requires no annual rental payments.

+ WELL ENTRENCHED TENANT - Approximately 86% of the space is leased by Ollie‘s Bargain Outlet, a strong national tenant with 18 year operating history at this location.

+ MINIMAL EXPOSURE FOR VACANT SPACE - Responsibility for NNN expenses revert to the Master Landlord in the event of vacancy with no responsibility for Sublandlord.

+ CORE RETAIL TRADE AREA - The asset is centrally located within the West Ridge Road trade area, home to over 4.0 million square feet of retail space and a key submarket for the Rochester metro area.

Overview

The offering is comprised of 31,500 square feet of the center which is fully occupied by Ollie‘s Bargain Outlet and Flaming Deals. The Subject Property is controlled through a long-term land lease which requires NO rental payments to the underlying “Master Landlord“. Location Description Located in the Town of Greece, the Rochester Metropolitan Area‘s largest suburban community, and a core retail trade area.