

Corporate Arby's - 246 Genesee Street, Oneida, NY
5.75% - Absolute NNN - Near Major Casino, Hospital & NY State Police Headquarters
Marketing description
- Long-Term Absolute NNN Lease – Approximately 11.5 years remaining on a 20-year absolute triple-net lease with no landlord responsibilities.
- Corporate Guarantee – Lease guaranteed by RTM Operating Company, LLC, Arby’s corporate guarantee, with the restaurant operated at the corporate level.
- Built-In Rent Growth – 10% rental increases every five years throughout the base term and option periods, providing a strong hedge against inflation.
- Inspire Brands Platform Strength – Parent company Inspire Brands recently confidentially filed for an IPO and is reportedly seeking an approximate $20 billion valuation.
- Major Regional Demand Driver – Located near Turning Stone Resort Casino, which attracts approximately 4.5 million visitors annually and serves as one of the region’s largest tourism and employment centers.
- National QSR Brand – Arby’s operates more than 3,400 locations nationwide and generates approximately $4.2 billion in annual systemwide sales.
- High-Traffic Location – Positioned along Genesee Street with traffic counts exceeding 25,000 vehicles per day, providing strong visibility and accessibility.
- Drive-Thru Asset – Features a dedicated drive-thru, a highly desirable and increasingly difficult-to-replicate QSR amenity.
- Proven Corporate Commitment – Arby’s acquired the location in 2018 and executed a new 20-year lease, demonstrating long-term commitment to the site.
- Extended Operating Hours – Open until midnight, capturing late-night demand and supporting strong sales performance.
- Fee Simple Ownership – Offering includes ownership of both the land and improvements.
This offering presents an opportunity to acquire a corporate-operated Arby’s secured by a long-term absolute NNN lease with approximately 11.5 years remaining on the base term. The lease is guaranteed by RTM Operating Company, LLC, an Arby’s corporate affiliate, providing investors with the security of a corporate-backed tenancy and a truly passive ownership structure with no landlord responsibilities. Further enhancing the investment profile, the lease features 10% rental increases every five years throughout the base term and option periods, creating predictable income growth and an effective hedge against inflation.
The property benefits from the strength of the Arby’s brand, which operates more than 3,400 locations nationwide and generates approximately $4.2 billion in annual systemwide sales. Parent company Inspire Brands has reportedly confidentially filed for an IPO and is seeking an approximate $20 billion valuation, underscoring the scale and financial strength of the platform behind the brand. Demonstrating a significant long-term commitment to the location, Arby’s acquired the restaurant in 2018 and executed a new 20-year lease.
Strategically positioned along Genesee Street, a primary commercial corridor with traffic counts exceeding 25,000 vehicles per day, the property enjoys excellent visibility, accessibility, and consumer exposure. The site is further supported by its proximity to Turning Stone Resort Casino, one of the Northeast’s premier entertainment destinations, which attracts approximately 4.5 million visitors annually and serves as a major regional employment and tourism driver.
Additional investment appeal is provided by the property's dedicated drive-thru configuration, an increasingly valuable feature within the quick-service restaurant sector, and extended operating hours through midnight, allowing the restaurant to capture both daytime and late-night customer demand. The offering includes fee simple ownership of the land and improvements, providing investors with long-term control of a strategically located net-leased asset backed by a nationally recognized brand and corporate guarantor.
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