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85-89 W Genesee St
Auburn, NY 13021
Top Performing STNL Rent-A-Center | Auburn,NY · Local commercial Bien À vendre


Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 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
- The location ranks within the top 11% of Rent-A-Center stores nationwide according to Placer.ai
- Near Wegmans (1.9M visits), Fingerlakes Crossing (1.7M visits), Fingerlakes Mall (889K visits), & Auburn Plaza (3.1M visits)
- 32+ years of occupancy demonstrates long-term commitment to the Auburn market
- Within walking distance to major community anchors including Auburn City Hall and Auburn City Court
- A top-performing Marshalls-anchored center with co-tenants like Michaels, Five Below, and ALDI, ranking in the 94th percentile nationally
Résumé analytique
Blue West Capital is pleased to present the opportunity to acquire a single-tenant NNN-leased Rent-A-Center located at 85-89 Genesee Street in Downtown Auburn, New York.? The property is leased to Rent-A-Center East, Inc.?, a corporate subsidiary of Upbound Group, Inc.? (NASDAQ: UPBD), under a passive NNN lease structure.? Rent-A-Center has occupied this location continuously since 1994, representing more than 32 years of uninterrupted tenancy and demonstrating a long-term commitment to the Auburn market.?
The location ranks within the top 11% of Rent-A-Center stores nationwide according to Placer.?ai, providing investors with a rare combination of corporate credit, proven store performance, and exceptional occupancy history.? Combined with below-market in-place rents and limited landlord responsibilities, the property offers attractive cash flow today with potential future upside.?
Centrally positioned in Downtown Auburn on Genesee Street, the city’s primary commercial corridor, the property benefits from consistent foot traffic generated by Memorial City Hall, Auburn City Court, and Auburn Community Hospital.? The site is steps from Wegmans (1.9M annual visits) and near Auburn Plaza (3.1M annual visits, 94th percentile nationally), Fingerlakes Crossing (1.7M annual visits), and Fingerlakes Mall (889K annual visits).?
The location ranks within the top 11% of Rent-A-Center stores nationwide according to Placer.?ai, providing investors with a rare combination of corporate credit, proven store performance, and exceptional occupancy history.? Combined with below-market in-place rents and limited landlord responsibilities, the property offers attractive cash flow today with potential future upside.?
Centrally positioned in Downtown Auburn on Genesee Street, the city’s primary commercial corridor, the property benefits from consistent foot traffic generated by Memorial City Hall, Auburn City Court, and Auburn Community Hospital.? The site is steps from Wegmans (1.9M annual visits) and near Auburn Plaza (3.1M annual visits, 94th percentile nationally), Fingerlakes Crossing (1.7M annual visits), and Fingerlakes Mall (889K annual visits).?
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
465 m²
Classe d’immeuble
C
Année de construction/rénovation
1977/2000
Prix
549 098 €
Prix par m²
1 182,09 €
Taux de capitalisation
7,50 %
RNE
41 182 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,48
Surface du lot
0,10 ha
Zonage
D - Downtown - Downtown (Auburn, NY)
Façade
20 m sur Genesee St
Caractéristiques
- Signalisation
Taxes foncières
| Numéro de parcelle | 050100-116-045-0002-028-000-0000 | Évaluation des aménagements | 391 407 € |
| Évaluation du terrain | 46 703 € | Évaluation totale | 438 110 € |
Taxes foncières
Numéro de parcelle
050100-116-045-0002-028-000-0000
Évaluation du terrain
46 703 €
Évaluation des aménagements
391 407 €
Évaluation totale
438 110 €
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