Drive-Through Bank with NNN
For Sale
Contact for pricing
369 E Fairmount Ave, Lakewood, NY 14750
3,540 SF bank on an absolute NNN lease with a drive-thru and 23 parking spaces.
Property Size3,540 SF
Lot Size0.59 Acres
Days on Market121
Property Features for 369 E Fairmount Ave
General Information
Standard status
Active
Size
3,540 SF
Total Parking Spaces
23
Lot size
0.59 Acres
Property subtype
Retail, Office
Additional Details
Cap Rate
6.74%
Listing Agency:
Marcus & Millichap
Listed By:
Amanda Argiro · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 6:08AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
The subject property is a 3,540 square foot bank building with a drive-thru and 23 parking spaces on a 0.59 acre lot. KeyBank is currently operating under an Absolute NNN lease with no landlord responsibilities, and the bank is backed by a corporate guarantee. The property has been operated at this location since 2007, and KeyBank renewed its first option early without a concession from the landlord. KeyBank has three (5) year options remaining.
The property is located on East Fairmount Ave in the town of Lakewood. The Lakewood retail district runs along Route 394, which parallels Chautauqua Lake, and the retail district serves much of the southern half of Chautauqua County.
Between 2016 and 2017, KeyBank shut down a nearby location and consolidated the branch into this Fairmount Ave site, reinforcing the current operating presence at the property.
The property is located on East Fairmount Ave in the town of Lakewood. The Lakewood retail district runs along Route 394, which parallels Chautauqua Lake, and the retail district serves much of the southern half of Chautauqua County.
Between 2016 and 2017, KeyBank shut down a nearby location and consolidated the branch into this Fairmount Ave site, reinforcing the current operating presence at the property.
Key Highlights
- 3,540 SF bank building on East Fairmount Ave in Lakewood, NY
- Absolute NNN lease with KeyBank; no landlord responsibilities; backed by a corporate guarantee
- Drive‑thru plus 23 parking spaces on a 0.59‑acre lot
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
385k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 24%
Superstores 23%
Apparel 14%
Walmart
Superstores
87,798 visits/mo
0.2 miles
T.J. Maxx
Apparel
39,273 visits/mo
0.3 miles
Dollar Tree
Shops & Services
24,424 visits/mo
0.1 miles
Applebee's
Dining
23,385 visits/mo
0.1 miles
McDonald's
Dining
23,237 visits/mo
0.5 miles
Demographics for 14750, NY
4,673
Population
2,352
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
414
Density / Sq Mi
$67,083
Median Household Income
$44,653
Median Earnings
$1,145
Median Rent
$158,400
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?
Bank - 3,540 SF bank on an absolute NNN lease with a drive-thru and 23 parking spaces.
Where is this bank located?
The property is located at 369 E Fairmount Ave Lakewood, NY.
What are key features of this property?
This property features: 3,540 SF bank building on East Fairmount Ave in Lakewood, NY; Absolute NNN lease with KeyBank; no landlord responsibilities; backed by a corporate guarantee; Drive‑thru plus 23 parking spaces on a 0.59‑acre lot
