85-89 W Genesee St - Storefront FOR SALE


Auburn, NY 13021
$648,000 USD
929-229-2614
85-89 W Genesee St, Auburn, NY for Sale
$648,000 USD
Storefront - FOR SALE
1/5
null | 7.25% Cap Rate

85-89 W Genesee St
Auburn, NY 13021


HIGHLIGHTS

  • Guaranteed by a corporate entity of Rent-A-Center, a publicly traded company (NASDAQ: UPBD) that reported more than $4.3 billion in revenue in 2024
  • Positioned in the heart of Downtown Auburn
  • Within walking distance to major community anchors including Auburn City Hall and Auburn City Court
  • Near Wegmans (1.9M visits), Fingerlakes Crossing (1.7M visits), Fingerlakes Mall (889K visits), & Auburn Plaza (3.1M visits)
  • A top-performing Marshalls-anchored center with co-tenants like Michaels, Five Below, and ALDI, ranking in the 94th percentile nationally

OVERVIEW

• Over four (4) years of primary lease term remaining • Tenant is Rent-A-Center East, Inc., a corporate entity of Rent-A-Center, a publicly traded company (NASDAQ: UPBD) that reported more than $4.3 billion in revenue in 2024

FOR SALE DETAILS

PRICE

$648,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rent-A-Car | 4+yrs Remain Corp NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

D

APN/PARCEL ID

050100-116-045-0002-028-000-0000

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.