Lender Owned High-Traffic Retail Center 450-500 West Ave

Cushman & Wakefield / Pyramid Brokerage Company invites qualified investors to discover this rare opportunity to acquire a performing retail center with a prime location in West Rochester, New York, at 450 West Avenue. Currently fully occupied by national tenants Family Dollar and Tops Markets, this exceptional property provides a truly turnkey investment.

450 West Avenue provides quality features and a strong tenancy that make it an ideal retail investment property. The building spans 54,505 square feet, originally built in 1998 on the 4.90-acre corner lot. The professionally landscaped property provides unique points of ingress for customers and product deliveries and is equipped with 210 surface parking spaces. The center’s tenants include Family Dollar, a household name bargain storefront, and Tops Friendly Markets, a regional grocery chain headquarters nearby in Williamsville with 148 locations across the Northeast. Tops also boasts a store-within-a-store (SWAS) location for Citizens Bank, attracting additional traffic. Both tenants are long-standing fixtures of the community, with Family Dollar in the space since 2005 and Tops in the space since 1999.

Sitting at the corner of West Avenue and Buffalo Road, 450 West Avenue enjoys prime placement near major employers, national retail brands, and quality residential neighborhoods. More than 20,000 vehicles pass the location each day, providing solid exposure to a valuable customer base. This central location places the shopping center between Rochester’s primary industrial corridor and its largest residential neighborhood, 19th Ward. Within 10 minutes of the property, there are mission-critical operations for major employers, including Amazon, L3Harris, General Motors, and Unity Hospital. This presents a massive pool of daily commuters seeking convenient grocery options.

Rochester’s 19th Ward is brimming with unique charms, from its picturesque historic homes in various architectural stylings to its vast array of local businesses strewn along Thurston Road and Chili Avenue. The neighborhood is easily accessible from hotspots, including Genesee Valley Park, the University of Rochester, and Downtown Rochester. Commuting and traveling from the neighborhood is a breeze, with convenient access to Interstates 390 and 490 and the Greater Rochester International Airport, which is just southwest of the 19th Ward.

Proximity to job centers and quality residential neighborhoods have made the area a popular choice for commuting professionals, delivering a robust demographic profile within 5 miles of 450 West Avenue. The population currently exceeds 287,000, with an average household income of $67,000. These residents are avid shoppers, contributing more than $2.9 billion in consumer spending during 2024.

Seize this chance to acquire a fully occupied and income-producing retail shopping center with a prime location in Rochester’s 19th Ward at 450 West Avenue. Tours are by appointment only. Please contact the Cushman & Wakefield / Pyramid Brokerage Company team today to schedule a visit and learn more about this exciting opportunity.