246 Genesee Street, Oneida, NY 13421

Inspire Brands, parent company of Arby’s, recently confidentially filed for an IPO and is reportedly seeking an approximate $20 billion valuation, further reinforcing the long-term strength and scale of the platform behind the brand.

Long-Term Absolute Triple-Net (NNN) Lease

The property is subject to a 20-year absolute NNN lease, with approximately 12 years remaining on the base term. The tenant is responsible for all maintenance, repairs, and operating expenses, providing a truly passive, management-free investment.

Turning Stone Resort Casino – Major Regional Traffic Driver

Turning Stone Resort Casino draws approximately 4.5 million visitors annually, making it one of the largest and most consistent traffic drivers in the region. Located in close proximity to the subject property, this premier Northeast destination features multiple hotels, a full-scale casino, championship golf courses, and extensive dining and entertainment offerings. As a dominant regional anchor, Turning Stone generates significant tourism and local activity, creating a steady flow of visitors, employees, and pass-through traffic. The subject property is well-positioned to benefit from this demand, supporting strong long-term performance for national tenants such as Arby’s.

Corporate Guarantee, Corporate-Operated Store

The lease is backed by a corporate guarantee from RTM Operating Company, LLC, an Arby’s corporate affiliate. The location is operated at the corporate level, aligning tenant performance with corporate oversight and credit strength.

Extended Operating Hours

The store operates until 12:00 a.m., capturing late-night demand and supporting increased customer traffic and incremental sales volume.

Leading National QSR Brand

Arby’s is one of the largest quick-service sandwich chains in the United States, with more than 3,400 locations nationwide and approximately $4.2 billion in annual systemwide sales. The brand has demonstrated consistent performance and long-term market presence.

Built-In Rent Growth, Inflation Hedge

The lease features 10% rental increases every five years throughout the base term and option periods, providing predictable income growth and long-term protection against inflation.

High-Traffic Retail Corridor

The property is located along Genesee Street, a primary east-west thoroughfare, benefiting from traffic counts exceeding 16,000 vehicles per day and providing strong visibility and accessibility.

Drive-Thru Configuration

The asset includes a full drive-thru, a critical component of QSR performance. Drive-thru entitlements are increasingly restrictive, and existing locations benefit from grandfathered zoning, enhancing long-term real estate value.

Proven Location with Corporate Commitment

Originally developed and operated by an experienced franchisee, the site was acquired by Arby’s corporate in 2018, at which time a new 20-year lease was executed, reinforcing the location’s strategic importance and proven operating history.

Fee Simple Ownership, Tax Advantages

The offering includes fee simple ownership of both land and improvements. Investors may benefit from depreciation of improvements, potentially reducing taxable income. Prospective buyers should consult their tax advisors regarding specific tax treatment.