314 E Fairmount Ave - Fast Food FOR SALE


Lakewood, NY 14750
$2,573,000 USD
310-650-4322
314 E Fairmount Ave, Lakewood, NY for Sale
$2,573,000 USD
Fast Food - FOR SALE
1/16
null | Request Cap Rate

314 E Fairmount Ave
Lakewood, NY 14750


OVERVIEW

Chipotle Mexican Grill signed a new 15-year corporate lease at this freestanding location. Lease includes 10% rent bumps every five years for long-term NOI growth. Backed by corporate guaranty from Chipotle Mexican Grill, Inc. Tenant handles taxes, insurance, and maintenance. Landlord responsible only for roof, structure, and HVAC. Ideal for passive, long-term investors. Signalized hard corner with strong visibility along Fairmount Ave. Outparcel to Chautauqua Mall, anchored by major national retailers. Draws regional traffic from Lakewood, Jamestown, and surrounding areas. Solid income levels and homeownership in the immediate area. Strong customer base for both dine-in and Chipotlane service. Concentrated residential base supports steady demand.

FOR SALE DETAILS

PRICE

$2,573,000 USD

PRICE/SF

$1,107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

52.94 AC

LAND SF

2,306,112 SF

ZONING

-

APN/PARCEL ID

062201-386-009-0001-003-000-000A

ASK ABOUT THIS PROPERTY

Jacob RiveraCaliber Commercial BrokerageMore Info
310-650-4322

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Jacob RiveraCaliber Commercial BrokerageMore Info
310-650-4322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.