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Auburn, NY - Rent-A-Car

$671,000

85 Genesee St, Auburn, NY 13021

Active
Last Updated: 11/27/2025

7

Cap Rate

47,000

NOI

Details:
Cap Rate:    7%
NOI:    $47,000
Building Size:    5,000 sqft
Lot Area:    0.24 acres
Occupancy:    100%
Year Built:    1977
Zoning:    D: Downtown
Year Last Renovated:    2000
Description:

• Over four (4) years of primary lease term remaining
• Tenant is Rent-A-Center East, Inc., 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, benefiting from consistent daytime traffic generated by local businesses and civic uses
• 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)
• Auburn Plaza is 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
• The site’s proximity to strong retail and civic anchors drives consistent consumer traffic and enhances cross-shopping activity

Map:
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