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Property profile & analytics
FOR SALE
Storefront properties

85 Genesee Street Rd Auburn, NY 13021

5,000 SF Built 1977
Property ID
US63-Q022671
Property summary
AI-generated overview

Blue West Capital is pleased to present the opportunity to acquire a single-tenant NNN-leased Rent-A-Center located at 85-89 Genesee Street in Downtown Auburn, New York. The property is leased to Rent-A-Center East, Inc., a corporate subsidiary of Upbound Group, Inc. (NASDAQ: UPBD), under a passive NNN lease structure. Rent-A-Center has occupied this location continuously since 1994, representing more than 32 years of uninterrupted tenancy and demonstrating a long-term commitment to the Auburn market. The location ranks within the top 11% of Rent-A-Center stores nationwide according to Placer.ai, providing investors with a rare combination of corporate credit, proven store performance, and exceptional occupancy history. Combined with below-market in-place rents and limited landlord responsibilities, the property offers attractive cash flow today with potential future upside. Centrally positioned in Downtown Auburn on Genesee Street, the city’s primary commercial corridor, the property benefits from consistent foot traffic generated by Memorial City Hall, Auburn City Court, and Auburn Community Hospital. The site is steps from Wegmans (1.9M annual visits) and near Auburn Plaza (3.1M annual visits, 94th percentile nationally), Fingerlakes Crossing (1.7M annual visits), and Fingerlakes Mall (889K annual visits).

Property profile
Verified
Property type Storefront properties
Year built 1977
Total area 5,000 SF
UPID US63-Q022671
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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