Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way

293 Patriot Way, Rochester, NY 14692

  • For Sale Contact for pricing
  • Property Type Industrial - Manufacturing
  • Property Size 43,750 SF
  • Lot Size 2.93 Acre
  • NOI / YR $292,019.00
  • Zoning 06 - Industrial
  • # of Floors 1
  • Average Floor Size 43,750 SF
  • Parking Spaces Avail. 100
  • Parking Ratio 2.29 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1969
  • Year Renovated 1996
  • Date Updated Aug 14, 2025
  • Clear Height 18'
  • Dock High Doors 3
  • Grade Level Doors 1

293 Patriot Way is the ultimate hands-off investment in an incredible location in Rochester, New York. The 43,750-square-foot building sits on a gracious 2.93 acres with plentiful parking for 100 vehicles. Built in 1969 and renovated in 1996, the single-story asset was made to last with a simple exterior. This building has an 18-foot clear height, providing ample space for industrial operations. Other features include two exterior docks, one interior dock, and one drive-in door, ensuring efficient loading and unloading capabilities. On the infrastructure side, the facility is powered by a 1,200-amp/480-volt heavy-duty supply.

The current tenant, Alco Manufacturing Corp., has historic occupancy on-site and an NNN lease term through September 30th, 2029. Alco Manufacturing Corp., founded in 1971, specializes in precision-machined components made from materials like steel, brass, and aluminum. It serves various industries and operates multiple facilities across Ohio, New York, and Michigan. Known for high-tolerance components, Alco focuses on quality, efficiency, and innovation in manufacturing. New ownership can continue to collect rent on the property and utilize the time until the completion of the lease to secure the next tenant.

Rochester, New York, offers a diverse commercial real estate market with strong opportunities in the industrial, office, and retail sectors. Known for its industrial heritage, the city is ideal for manufacturing, distribution, and logistics, thanks to its strategic location and affordable property rates. The office market is stable, with both traditional and adaptive spaces, while retail faces challenges due to e-commerce trends. Overall, Rochester provides a cost-effective environment with long-term growth potential, particularly in industrial and tech-related sectors.

293 Patriot Way is positioned within Rochester with owners and tenants in mind. The asset is directly next to Frederick Douglass Greater Rochester International Airport. Interstate 390 is just minutes away. This property maximizes same-day tasks and logistics, enhancing tenant operational capabilities. Rochester is home to major companies Kodak, Xerox, Paychex Inc., University of Rochester Medical Center, and others. 293 Patriot Way has nearby many retailers, restaurants, and conveniences, including Burger King, several hotels, Walmart Supercenter, Panera Bread, McDonald’s, Walgreens, and many more.

293 Patriot Way is the ideal investment in Rochester due to the lease's hands-off nature and incredible cash flow.

Property tours are available by appointment only, please contact the listing broker to schedule.

 

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Attachments

Highlights

  • Well-maintained single-tenant industrial property featuring a secure NNN lease, ensuring predictable income and minimizing the risk for the buyer.
  • With a spacious 2.93-acre lot and a 43,750 square foot industrial building, there's ample room for growth and expansion.
  • There are four years remaining on the current lease term, allowing total hands-off ownership for buyers and investors.
  • Seconds away from Frederick Douglass Greater Rochester International Airport and minutes away from Interstate 390, providing convenience.
  • Boasting one drive-in, three dock doors, and a clear height of 18', the property is perfectly suited for general industrial activities.

Contacts

broker

IronHorn Enterprises

Location

Getting Around

  • Walk Score ®

    13/100 Car-Dependent
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Rochester, NY
  • Zip Code 14692
  • Market Rochester

Points of Interest

  • Rochester

    4.86 miles

  • Byrne Dairy

    0.26 miles

  • Fastrac

    1.43 miles

  • Speedway

    1.57 miles

  • ChargePoint

    1.80 miles

  • Tesla Destination Charger

    1.95 miles

  • Mobil Gas Station and Repair

    2.05 miles

  • Coastal

    2.51 miles

  • Kwik Fill

    2.59 miles

  • Bob Johnson ChargePoint EV Stations

    2.83 miles

  • Valero

    2.92 miles

  • U of R Scottsville Road Lot - Lot 24

    0.17 miles

  • Smart Phone Lot

    1.19 miles

  • Short Term Lot

    1.20 miles

  • Employee Parking

    1.21 miles

  • Weekly Parking (Green Lot)

    1.23 miles

  • Long Term Parking Garage

    1.26 miles

  • On-Airport Shuttle Lot

    1.26 miles

  • Weekly Lot

    1.30 miles

  • Economy Shuttle Parking (Red Lot)

    1.42 miles

  • Economy Shuttle Parking (White Lot)

    1.50 miles

  • Dunkin'

    0.62 miles

  • Hoagies Deli Pizza

    0.96 miles

  • Flight Deck Diner

    1.12 miles

  • Gusto

    1.14 miles

  • Taste of Rochester

    1.15 miles

  • On the ROC's Sports Bar & Grill

    1.16 miles

  • Subway

    1.17 miles

  • McDonald's

    1.47 miles

  • Applebee's

    1.53 miles

  • Royal of India

    1.65 miles

  • Walmart Supercenter

    1.67 miles

  • The Market at Global VIllage

    2.04 miles

  • Spice Bazaar

    2.05 miles

  • Price Rite

    2.31 miles

  • Kohl's

    2.58 miles

  • Hikari Food & Grocery

    2.68 miles

  • JCPenney

    2.76 miles

  • The Marketplace Mall

    2.84 miles

  • Big Lots

    2.86 miles

  • Tops

    2.92 miles

  • Airport Fire Dept

    0.39 miles

  • Fresenius Medical Care Dialysis Center

    0.97 miles

  • Regional Traffic Operations Center

    1.28 miles

  • Gates Fire District Station 1

    1.57 miles

  • Monroe County Sheriff PBA

    1.68 miles

  • Rochester Regional Family Health

    1.88 miles

  • CVS Pharmacy

    1.88 miles

  • RIT Public Safety

    2.00 miles

  • Chili Fire Department Inc. Company # 4

    2.01 miles

  • Strong Ties Community Support Clinic

    2.28 miles

Frequently Asked Questions

How much does Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way cost?

The sale price for Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way is available upon request. Contact the listing broker for more information.

What is the total square footage of Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way?

Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way totals 43,750 square feet.

When was this property built?

Single-Tenant NNN Lease | Strong Cap Rate | 293 Patriot Way was built in 1969.

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Contact Listing Broker
broker

IronHorn Enterprises

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