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33522626
33532484

85 Genesee Street, Auburn, NY 13021

BW
CO 100090116
Blue West Capital
Blue West Capital
Listed by Blue West Capital
$626,667
3 days on market
Updated 3 days ago

Top Performing STNL Rent-A-Center | Auburn, NY

Details
APN 050100 116.45-2-28
Property Type Retail
Sub Type Storefront, Single-tenant retail
Square Footage 5,000
Units 1
Cap Rate 7.5%
NOI $47,000
Occupancy 100%
Tenancy Single
Brand/Tenant Rent-A-Center
Lease Type NNN
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
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/1994
Ground Lease No

Corporate Guaranty | 32+ Years of Occupancy | Top 11% of Stores Nationwide

Marketing description

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).

Investment highlights

  • 32+ Years of Occupancy Demonstrates Long-Term Commitment to the Market
  • Corporate-Guaranteed Cash Flow Backed by Upbound Group (NASDAQ: UPBD)
  • Top 11% Performing Rent-A-Center Location Nationwide
  • Passive NNN Lease Structure with Limited Landlord Responsibilities
  • Below-Market Rent Creates Future Rental Upside
  • Established Downtown Retail Corridor Anchored by Dominant Regional Retailers

Listing Contacts

BW
CO 100090116
Blue West Capital
Blue West Capital
Listed by Blue West Capital

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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

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D MixedMixed UseDowntown
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Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
License #10311208985
Brokerage
Bang Realty
Brokerage Phone
(513) 898-1551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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