85 Genesee Street · Auburn, NY 13021 · Specialty Retail
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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).
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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.