For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    235 N Genesee St Utica, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN leased M&T Bank with zero landlord responsibilities.

    Type:RETAIL
    Property size:
    23,107 SF
    Lot size:
    0.97 Acres
    Price / SF:
    $164/SF
    Added:
    Feb 6, 2025
    Days on Market:
    447
    Last Refresh:
    Apr 5 at 9:59 pm

    Property Features for 235 N Genesee St

    General Information

    Standard status
    Active
    Size
    23,107 SF
    Lot size
    0.97 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Matthew Mousavi

    Listing agent Matthew Mousavi

    Listing office SRS Industrial - Newport Beach

    Listing date Feb 6, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach


    Overview

    Freestanding NNN M&T Bank

    This freestanding property is an absolute NNN leased M&T Bank, located in Utica, NY. The tenant has exercised their first option, with firm term through September 2029. The lease, guaranteed by the corporate entity (NYSE: MTB | S&P: BBB+), features an 8% rental increase at the beginning of the next option. As an absolute NNN lease, there are zero landlord responsibilities. Founded in 1856, M&T Bank has over 1,400 locations throughout the Northeastern U.S. According to the FDIC, this branch has over $91.2 million in deposits as of June 2024. The property contains 23107 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.2331
    Latitude
    43.1002

    FAQs

    What type of property is this?
    Bank - NNN leased M&T Bank with zero landlord responsibilities.
    Where is this bank located?
    The property is located at 235 N Genesee St Utica, NY.
    What is the asking price?
    The asking price for this property is $3,807,000.
    What are key features of this property?
    This property features: Absolute NNN lease with zero landlord responsibilities, offering a management‑free, passive investment.; Corporate guarantee from M&T Bank (NYSE: MTB | S&P: BBB+).; Firm lease term through September 2029, demonstrating tenant commitment.
    (949) 698-1116 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message