Drive-Through QSR NNN
For Sale
Contact for pricing
Pending
246 Genesee St, Oneida, NY 13421
Corporate-operated Arby’s drive-thru restaurant is offered with a long-term absolute triple-net lease and corporate guarantee.
Property SizeContact for details
Days on Market103
Property Features for 246 Genesee St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
16,000 vehicles/day
Listing Agency:
Malchus Real Estate
Listed By:
Joel Cukier · License #02005095
Source:
Crexi
Added: Apr 24
Changed: Jul 21
Last Checked: Jul 22 at 12:50PM
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 Malchus Real Estate
Investment Insights
Based on property information with market context.
This offering presents a corporate-operated Arby’s property secured by a long-term absolute triple-net (NNN) lease. The asset has approximately 12 years remaining on the base term and is described as providing passive income with zero landlord responsibilities, backed by a corporate guarantee from RTM Operating Company, LLC, an Arby’s corporate affiliate. The drive-thru configuration is a core feature of the site.
The property is located along Genesee Street, a primary east-west commercial corridor, with strong visibility and traffic counts exceeding 16,000 vehicles per day, as stated in the remarks.
According to the provided information, the store benefits from extended operating hours, remaining open until midnight. The lease structure includes 10% rental increases every five years throughout the base term and option periods. The offering is for fee simple ownership.
The property is located along Genesee Street, a primary east-west commercial corridor, with strong visibility and traffic counts exceeding 16,000 vehicles per day, as stated in the remarks.
According to the provided information, the store benefits from extended operating hours, remaining open until midnight. The lease structure includes 10% rental increases every five years throughout the base term and option periods. The offering is for fee simple ownership.
Key Highlights
- Corporate‑operated Arby’s property with a long‑term absolute triple‑net (NNN) lease and corporate guarantee from RTM Operating Company, LLC.
- Approximately 12 years remaining on the base term of the current lease.
- Drive‑thru site with full drive‑thru configuration.
Property Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
Business Placement
Demographics for 13421, NY
12,807
Population
5,953
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
90%
High-School Grad
40.1 sq mi
ZIP Area
319
Density / Sq Mi
$63,732
Median Household Income
$42,189
Median Earnings
$846
Median Rent
$147,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Corporate-operated Arby’s drive-thru restaurant is offered with a long-term absolute triple-net lease and corporate guarantee.
Where is this drive through restaurant located?
The property is located at 246 Genesee St Oneida, NY.
What are key features of this property?
This property features: Corporate‑operated Arby’s property with a long‑term absolute triple‑net (NNN) lease and corporate guarantee from RTM Operating Company, LLC.; Approximately 12 years remaining on the base term of the current lease.; Drive‑thru site with full drive‑thru configuration.
