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Panda Express, New York

Syracuse, NY

PROPERTY INFORMATION

Lease type: NNN Ground Lease
Building area: 3,000 SF
Total lot size: 1 Acres
Year built: 2015

Strong Corporate Tenant – Panda Express is America’s largest family-owned Chinese restaurant with more
than 1,800 restaurants and over $2 billion in annual sales

Long Term Lease – Brand new twenty (20) year ground lease with five (5), five (5) year renewal options

Passive Investment Opportunity With No Landlord Responsibility – An absolute net ground lease
provides passive opportunity for prospective buyer with no Landlord responsibilities

Attractive Rental Increases – 10% rental increases every five (5) years, including renewal option periods

Excellent Location – The Property is located along W. Genesee Street with traffic counts in excess of 31,000
VPD. Other national retailers in the immediate vicinity include Target, Dick’s Sporting Goods, Marshall’s,
Wegman’s, Chase Bank, Advance Auto, Rite Aid, Party City and Famous Footwear.




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