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Retail Space in Walmart Plaza
For Lease
$16 SF/Yr

3142 West State Street, Olean, NY 14760

Retail space available within a high-traffic shopping center.

Space Size3,080 SF
Days on Market264

Property Features for 3142 West State Street

General Information

Standard status Active
Size 3,080 SF
Property subtype Retail
Zoning Commercial
Lease Term plus $4 SF CAMS/TAX/INS

Spaces For Lease

at 3142 West State Street Contact us

3142 West State Street $16/SF/Yr

Size
3,080 SF
Term
Negotiable
Contact us
Listing Agency: Recckio Real Estate & Development
Listed By: Rick Recckio · License #NY #31RE0821429
Source: Recckio
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 16 at 4:24AM

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 Recckio Real Estate & Development

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby
384k
Monthly Visits Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

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 Street 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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