Rochester Gas & Electric

Highlights

• Direct Access To Rochester International Airport (ROC) Serves Over 2.7 Million Passengers Annually
• Industrial And Office Usage On 17.5 Acres - Tenant Has Approximately 7.5 Acres Available For Additional Development On The Same Parcel Potential Rental Upside Mission Critical Training And Emergency Management Center
• Recently Revised Absolute Triple-Net (NNN) Lease Zero Landlord Responsibilities
• Rochester Gas & Electric Company - Investment Grade "A-" Credit Rating From Standard & Poors
• Rochester Gas & Electric Serves 396,285 Electricity Customers And 327,256 Natural Gas Customers In A Nine-County Region
• Strong Traffic Counts Over 151,000 Vehicles Daily On Interstate-390 - Situated In The Heart Of Rochester
• Tenant Contributed An Additional $10 Million Toward Specialized Equipment (Indoor Crane, Security, Specialized Training Equipment And Removable Storage Equipment)
• Tenant Extended/Restructured Lease In 2020, 4 Years Prior To Original Expiration Date Tenant Has Been Operating At The Site For 25+ Years 8-Years Remaining Featuring 7.31% Increase In 2029
• Tenant Is A Subsidiary Of AVANGRID, Publicly Traded Company On NYSE, Providing Utilities Which Serve 2.2 Million Electricity Customers And 930,000 Natural Gas Customers
• Within Three Miles Of The University Of Rochester And Rochester Institute Of Technology Combined Enrollment Of More Then 39,000

Location