995 Fairmount Ave, Jamestown, NY, 14701
Take 5 Oil Change
Key Information
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
• Local national retailers include Wegmans, Target, Home Depot, Rite-Aid, Walmart, Starbucks, Verizon and many more
• Jamestown is located at the southern end of Chautauqua Lake, a popular summer destination drawing in tourist from all over New York and surrounding states
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