Professional Properties LLC Acquires Retail Property In Rochester From BJ's Wholesale Club For $16.85M
300 Bellwood Dr, Rochester, NY 14606, USA
Building Size
481,338 SF
Asset Type
Retail
Closing
Apr 17, 2022
About this deal
AI
The retail property located at 300 Bellwood Dr in Rochester was sold in April, 2017 for a total price of $16,850,000. The property is owned by BJ’s Wholesale Club and was purchased by Professional Properties LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $16,850,000
- Address: 300 Bellwood Dr, Rochester
- Market: Rochester
BJ’s Wholesale Club, the seller, and Professional Properties LLC, the buyer, were involved in the deal. BJ’s Wholesale Club is a well-known retailer, while Professional Properties LLC is a real estate company focused on acquiring commercial properties.
On the Map
Retail
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Players
City of Rochester Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93