3028 W State St, Olean, NY, 14760
Take 5 Oil Change
Key Information
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
• 5-Mile population of ±21,653 residents & 10-Mile population of 32,615 residents (population numbers do not include student housing)
• Local national retailers include Walmart, Home Depot, Aldi, BJ’s Wholesale Club, Marshalls, Verizon, Tractor Supply, McDonald’s and many more
Photos


