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Rent-A-Car | 4+yrs Remain Corp NNN 85-89 W Genesee St 5,000 SF Retail Building Auburn, NY 13021 $648,000 ($129.60/SF) 7.25% Cap Rate
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
- Within walking distance to major community anchors including Auburn City Hall and Auburn City Court
- A top-performing Marshalls-anchored center with co-tenants like Michaels, Five Below, and ALDI, ranking in the 94th percentile nationally
- Positioned in the heart of Downtown Auburn
- Near Wegmans (1.9M visits), Fingerlakes Crossing (1.7M visits), Fingerlakes Mall (889K visits), & Auburn Plaza (3.1M visits)
Executive Summary
• 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
Property Facts
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Rental and Leasing Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Rent-A-Center is a national rent-to-own retail chain offering furniture, home appliances, consumer electronics, and computers through flexible rental-purchase agreements. Founded in 1973 and incorporated in 1986, the company operates thousands of locations across the United States, Puerto Rico, and Mexico. Rent-A-Center serves consumers seeking access to durable household goods without traditional credit requirements, offering short-term rental flexibility with ownership options. Stores are typically located in neighborhood retail centers and along major arterial corridors, serving value-oriented and workforce-housing markets. The company is a subsidiary of Upbound Group, Inc., a publicly traded organization listed on NASDAQ. Rent-A-Center’s operating model combines in-store retail sales, logistics and delivery operations, and local service teams. In metropolitan areas such as Atlanta, the brand maintains numerous store locations to support dense, neighborhood-based customer demand.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Rental and Leasing Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 050100-116-045-0002-028-000-0000 | Improvements Assessment | $446,700 |
| Land Assessment | $53,300 | Total Assessment | $500,000 |
Property Taxes
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Rent-A-Car | 4+yrs Remain Corp NNN | 85-89 W Genesee St
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