85-89 W Genesee St
Auburn, NY 13021
Top Performing STNL Rent-A-Center | Auburn,NY · Commerce de détail Propriété À vendre

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).?