Drive-Through Oil Change
For Sale
Contact for pricing
995 Fairmount Ave, Jamestown, NY 14701
2024 build-to-suit drive-through oil change facility secured by a long-term absolute NNN lease.
Property Size1,735 SF
Price / SF$1,315
Days on Market66
Property Features for 995 Fairmount Ave
General Information
Standard status
Active
Size
1,735 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
7%
Traffic Count
21,000 vehicles/day
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Josh Bishop · License #688810
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 23 at 2:04PM
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.
995 Fairmount Ave is a newer 2024 build-to-suit drive-through oil change property constructed for Take 5 Oil Change. The asset is offered with a 15-year absolute NNN lease structure and zero landlord responsibilities. Lease terms include 10% rent increases every five years for the full term, including any options.
The property is positioned along Fairmount Avenue, which is described as seeing approximately 21,000 vehicles daily. It is located in an affluent Buffalo suburb, with an average household income cited at $101,084 annually. The offering also references a corporate guaranty from Purple Square Management Company, LLC.
This is a fit for investors seeking an operationally stable, single-tenant, NNN-backed asset with scheduled rent escalations. The lease is tied to a national drive-through oil change concept, and Jamestown is described as a tourist market given its proximity to Chautauqua Lake. The backing and lease structure are key considerations for buyers focused on predictable long-term cash flow under an absolute NNN framework.
The property is positioned along Fairmount Avenue, which is described as seeing approximately 21,000 vehicles daily. It is located in an affluent Buffalo suburb, with an average household income cited at $101,084 annually. The offering also references a corporate guaranty from Purple Square Management Company, LLC.
This is a fit for investors seeking an operationally stable, single-tenant, NNN-backed asset with scheduled rent escalations. The lease is tied to a national drive-through oil change concept, and Jamestown is described as a tourist market given its proximity to Chautauqua Lake. The backing and lease structure are key considerations for buyers focused on predictable long-term cash flow under an absolute NNN framework.
Key Highlights
- 2024 build‑to‑suit drive‑through oil change facility for Take 5 Oil Change
- 15‑year absolute NNN lease with zero landlord responsibilities
- Lease includes 10% rent increases every 5 years for the entire term, including options
Property Analytics
Property Profile
Current Use
Lease Details
21,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Kwik Fill
Shops & Services
12,210 visits/mo
0.5 miles
Dollar General
Shops & Services
8,621 visits/mo
0.4 miles
Demographics for 14701, NY
38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Gary N Johnson Insurance — 800 Fairmount Ave Suite A, Jamestown, NY 14701
- Litehouse Auto Center, Inc. — 1024 Fairmount Ave, Jamestown, NY 14701
- Monro Auto Service And Tire Centers — 1010 Fairmount Ave, Jamestown, NY 14701
- Walmart Auto Care Centers — 350 E Fairmount Ave, Lakewood, NY 14750
- Bailey's Towing & Recovery Lakewood, ny — 2093 Southwestern Dr, Lakewood, NY 14750
Frequently Asked Questions
What type of property is this?
Auto shop - 2024 build-to-suit drive-through oil change facility secured by a long-term absolute NNN lease.
Where is this auto shop located?
The property is located at 995 Fairmount Ave Jamestown, NY.
What is the asking price?
The asking price for this property is $2,282,142.
What are key features of this property?
This property features: 2024 build‑to‑suit drive‑through oil change facility for Take 5 Oil Change; 15‑year absolute NNN lease with zero landlord responsibilities; Lease includes 10% rent increases every 5 years for the entire term, including options
