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Starbucks Absolute NNN Property
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Pending

217 W Genesee St, Fayetteville, NY 13066

Single-tenant coffee shop occupied by Starbucks Corporation under a long-term absolute NNN lease.

Property Size1,781 SF
Lot Size0.26 Acres
Days on Market141

Property Features for 217 W Genesee St

General Information

Standard status Pending
Size 1,781 SF
Lot size 0.26 Acres
Property subtype Retail

Building Details

Year Built 1981
Year Renovated 2015
Tenancy Single
Listing Agency: ABCO Maintenance Inc.
Listed By: James Virga · License #NY
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 6:10PM

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 ABCO Maintenance Inc.

Investment Insights

Based on property information with market context.

This single-tenant Starbucks coffee shop at 217 W Genesee Street in Fayetteville, NY, contains 1,781 square feet on approximately 0.26 acres. Constructed in 1981 and expanded in 2015, the property is occupied by Starbucks Corporation under an absolute NNN lease structure, with the tenant responsible for nearly all operating expenses.

The current lease runs through August 2025, followed by an executed extension through 2030. Four additional renewal options are available, providing contractual extension opportunities through August 2063. The property is identified as being within a retail corridor in the Fayetteville submarket of Syracuse, NY.

Key Highlights

  • Starbucks Corporation is the single tenant
  • Absolute NNN lease assigns nearly all operating expenses to the tenant
  • 1,781‑square‑foot building on approximately 0.26 acres

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store

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

542
Businesses Nearby
402k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 29% Superstores 27% Shops & Services 17% Apparel 13%
Target Superstores
109,076 visits/mo 0.3 miles
McDonald's Dining
38,005 visits/mo 0.2 miles
T.J. Maxx Apparel
33,944 visits/mo 0.3 miles
Jo-Ann Fabric and Craft Shops & Services
30,333 visits/mo 0.3 miles
Tops Friendly Markets Groceries
29,552 visits/mo 0.2 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 coffee shop occupied by Starbucks Corporation under a long-term absolute NNN lease.
Where is this nnn property located?
The property is located at 217 W Genesee St Fayetteville, NY.
What are key features of this property?
This property features: Starbucks Corporation is the single tenant; Absolute NNN lease assigns nearly all operating expenses to the tenant; 1,781‑square‑foot building on approximately 0.26 acres
More about this property
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