Retail Space with Corporate Lease
For Sale
Contact for pricing
3048 W State St, Olean, NY 14760
Retail asset for sale with a recently extended corporate lease and stated 7% cap rate.
Property SizeContact for details
Days on Market121
Property Features for 3048 W State St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
7%
Listing Agency:
Matthews
Listed By:
Ben Snyder · License #OH# 2018002569
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This for-sale retail property is offered with a recently extended corporate lease. Public remarks also indicate a stated 7% cap rate.
Additional property details were not provided in the submission, including building size, layout, and condition specifics.
Additional property details were not provided in the submission, including building size, layout, and condition specifics.
Key Highlights
- Retail asset offered with a recently extended corporate lease
- Stated 7% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
384k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 28%
Groceries 14%
Superstores 8%
Ollie's Bargain Outlet
Shops & Services
49,937 visits/mo
0.3 miles
Tops Friendly Markets
Groceries
31,126 visits/mo
0.0 miles
BJ's Wholesale Club
Superstores
29,336 visits/mo
0.5 miles
McDonald's
Dining
23,654 visits/mo
0.1 miles
Aldi
Groceries
23,421 visits/mo
0.2 miles
Demographics for 14760, NY
18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail asset for sale with a recently extended corporate lease and stated 7% cap rate.
Where is this retail space located?
The property is located at 3048 W State St Olean, NY.
What are key features of this property?
This property features: Retail asset offered with a recently extended corporate lease; Stated 7% cap rate
