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3142 West State St Olean, NY 14760

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For Lease
$16 SF/Yr

Retail space available within a high-traffic shopping center.

Property Features for 3142 West State St

General Information

Zoning
Commercial

Source: Rick Recckio Agent Rick Recckio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Space in Walmart Plaza

This 3,080 square foot retail space is located within Walmart Supercenter Plaza, a shopping center designed for national tenants. Anchored by a high-performing Walmart Supercenter, ranking in the top 5% of Walmart locations nationwide with estimated annual sales nearing $200 million, the center benefits from visibility and customer traffic. Walmart's lease extends through 2031, with a 10-year renewal option. The shopping center includes national tenants, such as BJ's Wholesale Club with gas, Home Depot, AMC Theaters, Old Navy, Verizon, Bath & Body Works, GNC, Maurices, SuperCuts, Spectrum, GameStop, Pet Supplies Plus, Sally Beauty, Shoe Show, and Zoom Tan. These tenants have extended their leases to align with Walmart's lease expiration. Walmart Plaza is near St. Bonaventure University, located less than half a mile away, with approximately 2,500 students and faculty. The center draws customers from Allegany and Olean, making it a shopping destination in the area. The property includes multiple large pylon signs, providing visibility for tenants, and features 2,000 parking spaces. The location is in a commercial hub with national and local businesses, near Home Depot, Old Navy, Sally Beauty, and GNC. The property benefits from two signalized entrances, visibility from I-86 and West State Street, and over 16,000 AADT on W. State Street. Infrastructure is already in place.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Olean
County
Cattaraugus
State
New York
Longitude
-78.4630489
Latitude
42.0773403

FAQs

What type of property is this?
Shopping center - Retail space available within a high-traffic shopping center.
Where is this shopping center located?
The property is located at 3142 West State St Olean, NY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: - Located within Walmart Supercenter Plaza anchored by a top-performing Walmart (top 5% nationwide) with lease extending through 2031 + 10-year option.; - High visibility location with multiple large pylon signs and visibility from I-86 and West State Street (over 16,000 AADT).; - Strong co-tenancy with a robust lineup of national tenants (BJ's, Home Depot, AMC Theaters, Old Navy, Verizon, etc.) with leases aligned with Walmart.
More about this property
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