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3142 W State St
Olean, NY 14760
3080+/- SF Retail Space · Retail Property For Lease
·
3,080 SF
Highlights
- 3,080+/- SF Retail Space
- Infrastructure already in Place
- Located within the Walmart Supercenter Plaza
- Two (2) Signalized entrances
Property Facts
| Total Space Available | 3,080 SF | Total Land Area | 4.00 AC |
| Property Type | Retail | Year Built/Renovated | 1977/1989 |
| Gross Leasable Area | 53,900 SF | Parking Ratio | 2.99/1,000 SF |
| Total Space Available | 3,080 SF |
| Property Type | Retail |
| Gross Leasable Area | 53,900 SF |
| Total Land Area | 4.00 AC |
| Year Built/Renovated | 1977/1989 |
| Parking Ratio | 2.99/1,000 SF |
About the Property
This 3,080+/- SF retail space is located within Walmart Supercenter Plaza, a premier shopping center designed to cater to national tenants. Anchored by a top-performing Walmart Supercenter, which ranks in the top 5% of Walmart locations nationwide with estimated annual sales nearing $200 million, this center offers unparalleled visibility and customer traffic. Walmart's lease extends through 2031, with an additional 10-year renewal option, ensuring long-term stability. The shopping center features a robust lineup of national tenants, including BJ's Wholesale Club with gas, Home Depot, AMC Theaters, Old Navy, Verizon, Bath & Body Works, GNC, Maurices, SuperCuts, Spectrum, GameStop, Pet Supplies Plus, Sally Beauty, Shoe Show, and Zoom Tan. These tenants have demonstrated their commitment to the location by extending their leases to align with Walmart's lease expiration. Walmart Plaza benefits from its proximity to St. Bonaventure University, located less than half a mile away, which is home to approximately 2,500 students and faculty. The center also draws customers from the surrounding towns of Allegany and Olean, as well as the broader region, making it the dominant shopping destination in the area. The property includes multiple large pylon signs, providing excellent visibility for tenants. With 2,000+/- parking spaces that remain consistently full, the center ensures convenience for shoppers. Located in a thriving commercial hub that features a mix of national and local businesses. Nearby, you'll find the Walmart Supercenter Plaza, a major retail destination offering a wide range of shopping options. Home Depot is also in close proximity, catering to home improvement and construction needs. Other national tenants in the area include Old Navy, Sally Beauty, and GNC, providing a variety of services and products. This location is ideal for commercial development, benefiting from the steady flow of customers drawn to these established businesses.
