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Verizon Wireless NNN Property
For Sale
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6901 East Genesee Street, Fayetteville, NY 13066

Single-tenant, build-to-suit commercial property with a net lease and renewal options.

Property SizeContact for details
Days on Market145

Property Features for 6901 East Genesee Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Year Built 2017
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:36PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This single-tenant net-leased property was developed as a Verizon Wireless build-to-suit and completed in 2017. The freestanding commercial building is occupied under a lease with over 8 years of remaining term, followed by two 5-year renewal options. Lease obligations are guaranteed by Cellular Sales, an authorized Verizon Wireless dealer with over 700 locations.

The property occupies a signalized hard-corner position at 6901 East Genesee Street, also designated Route 5, in Fayetteville, an eastern suburb of Syracuse, New York. Its location at a major intersection provides a clearly defined setting for the existing retail operation and supports the property's single-tenant net-lease profile.

Key Highlights

  • Verizon Wireless single‑tenant net‑leased property
  • Build‑to‑suit construction completed in 2017
  • Over 8 years of remaining lease term

Property Analytics

Current Use

Verizon Electronics & Wireless Store Verizon Business Services Telecommunications Service

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Groceries 38% Electronics 4% Beauty & Spa 3%
Aldi Groceries
25,186 visits/mo 0.4 miles
Hobby Lobby Shops & Services
24,067 visits/mo 0.5 miles
Mobil Shops & Services
11,196 visits/mo 0.0 miles
Verizon Electronics
2,867 visits/mo 0.1 miles
NBT Bank Shops & Services
2,036 visits/mo 0.0 miles

Demographics for 13066, NY

12,949
Population
5,971
Households
2.2
Avg Household Size
48
Median Age
65%
College-Educated
96%
High-School Grad
14.8 sq mi
ZIP Area
875
Density / Sq Mi
$121,599
Median Household Income
$70,284
Median Earnings
$1,218
Median Rent
$265,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant, build-to-suit commercial property with a net lease and renewal options.
Where is this nnn property located?
The property is located at 6901 East Genesee Street Fayetteville, NY.
What are key features of this property?
This property features: Verizon Wireless single‑tenant net‑leased property; Build‑to‑suit construction completed in 2017; Over 8 years of remaining lease term
More about this property
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