955 Fairmount ave - Retail FOR SALE
Jamestown, NY 14701 |
$2,282,142 USD
214-692-2289
955 Fairmount ave
Jamestown, NY 14701
HIGHLIGHTS
- Newer 2024 build-to-suit construction for Take 5 | 15-Year absolute NNN lease with zero landlord responsibilities
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
- Well position along Fairmont which sees approximately 21,000 vehicles daily
- Affluent Buffalo suburb with an average household income $101,084 annually
FOR SALE DETAILS
PRICE
$2,282,142 USD
PRICE/SF
$1,315 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
063889-386-010-0001-004-000
ASK ABOUT THIS PROPERTY
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214-692-2289
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214-692-2289
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