300 Bellwood Drive Rochester NY

April 3, 2017 [Philadelphia, PA] – Colliers International’s Harrisburg office represented the buyer in the purchase of a free standing BJ’s Wholesale Club (w/Gas) located at 300 Bellwood Drive in Greece (Rochester), NY for $16,850,000.

The transaction is a triple net (NNN) lease structure with a CAP rate of 7.00%.The 119,600 SF building on 11.05 acres is in the Rochester submarket of New York. It has parking for 485 vehicles.

The Colliers retail team of William Aiello, George Lulos and Larry Kostelac represented the buyer (Professional Properties, LLC).