Drive-Through QSR NNN
246 Genesee St Oneida, NY 13421
246 Genesee St, Oneida, NY, 13421
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For Sale
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Pending
Corporate-operated Arby’s drive-thru restaurant is offered with a long-term absolute triple-net lease and corporate guarantee.
Days on Market89
Property Features for 246 Genesee St
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Malchus Real Estate
Listed by
Joel Cukier · License #02005095
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 1:17PM Checked: Jul 21 at 1:17PM
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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
Location Intelligence
Current Use by Public Records
Arby's
Restaurant
Similar For Sale Nearby
FAQs
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.
