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3028 State st
Olean, NY 14760

$2,071,428 USD

General Retail For Sale  •  1,735 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,735 SF
  • Year Built 2024
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

Brand new 2025 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 positioned along West State St which sees approximately 17,000 vehicles daily
Located less than a mile from St Bonaventure university with an enrollment of 3,053 students
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services