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314 E Fairmount Ave 2,325 SF 4-Star Retail Building Lakewood, NY 14750 $2,573,000 ($1,106.67/SF)
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$2,573,000
Price Per SF
$1,106.67
Tenancy
Single
Building Height
1 Story
Lot Size
52.94 AC
Parking
40 Spaces (17.2 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Chipotle
- Retailer
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Chipotle | Retailer | 99,999 SF | - | - |
NEARBY MAJOR RETAILERS
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314 E Fairmount Ave
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