Listed by SRS Real Estate Partners New York
$627,000
Auburn, NY - Rent-a-car
Details
APN 050100 116.45-2-28
Property Type Retail
Sub Type Storefront
Square Footage 5,000
Cap Rate 7.5%
NOI $47,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 36.5
Lease Expiration 12/31/2030
Remaining Term 4.5
Price per SqFt $125
Year Built 1977
Year Renovated 2000
Acreage 0.240
Zoning D: Downtown
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/1994
Ownership Fee simple interest (land & building ownership)
Corporate | 7.50% CAP
Investment highlights
Guaranteed by a corporate entity of Rent-A-Center, a publicly traded company (NASDAQ: UPBD) that reported more than $4.3 billion in revenue in 2024
Positioned in the heart of Downtown Auburn
Within walking distance to major community anchors including Auburn City Hall and Auburn City Court
Steps from a Wegmans (1.9M annual visits) and just minutes from other major retail destinations including Fingerlakes Crossing (1.7M annual visits), Fingerlakes Mall (889K annual visits), and Auburn Plaza (3.1M annual visits)
A top-performing Marshalls-anchored center with co-tenants such as Michaels, Five Below, and ALDI, ranking in the 94th percentile nationally among comparable centers
Listing Contacts
Listed by SRS Real Estate Partners New York
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,000.00
$3,916.67/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
D MixedMixed UseDowntown
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View all 94 uses Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics
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