Log In/Sign Up
Your email has been sent.
Take 5 955 Fairmount ave 1,735 SF Retail Building Jamestown, NY 14701 $2,282,142 ($1,315.36/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Newer 2024 build-to-suit construction for Take 5 | 15-Year absolute NNN lease with zero landlord responsibilities
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Well position along Fairmont which sees approximately 21,000 vehicles daily
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
- Affluent Buffalo suburb with an average household income $101,084 annually
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
1,735 SF
Year Built
2024
Price
$2,282,142
Price Per SF
$1,315.36
Cap Rate
7%
NOI
$159,750
Tenancy
Single
Building Height
1 Story
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Take 5 | 955 Fairmount ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.