Asset Type: Real Estate
Estate: Leasehold
Year Built: 1940
Number of Floors: 3
Parking Count: 323
Property Type: Office
Occupancy %: 91.72
Land Area: 18.3 Acres
Number of Units: 6
Property Size: 153,472 SF
400 West Ave
• Existing Anchor Tenants: RG&E, AT&T, and Action for a Better Community
• Long-Term Credit Tenancy: RG&E (since 1993, lease thru 2032) and AT&T (since 1994, lease thru 2028) together occupy 70% of RBA and contribute 80% of base
rent
• Mission-Critical Infrastructure: RG&E has invested $80M+ in site upgrades, including dual power feeds and diesel backup generators
• Strategic Access: Immediate proximity to I-390, I-490, and the Greater Rochester International Airport
• Regional Utility Hub: Serves as RG&E’s primary staging facility for a nine-county service area
• Diverse Tenant Mix: Utilities, telecommunications, and nonprofit/community services, including Action for a Better Community (42,111 SF, lease thru 2030)
• Investment Opportunity: Stable, high-occupancy asset with long-term credit tenancy and assumable financing at a below-market fixed rate
• Key Attributes: Established mission-critical facility, strong
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