Property profile

3142 State St Olean, NY 14760

OFF-MARKET
Power centers
53,642 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the high-performing Walmart Plaza in Olean, New York. The property is a single-story power center totaling 53,642 square feet, featuring two suites. Currently, 6,799 square feet are available, divisible into spaces ranging from 2,960 to 3,839 contiguous square feet. The plaza boasts a strong tenant mix, anchored by Walmart and BJ's Wholesale Club, and includes other national retailers such as Home Depot, AMC Theatres, Old Navy, and Pet Supplies Plus, along with several smaller businesses. This prime location benefits from exceptionally high traffic counts due to its diverse tenant base and close proximity to St. Bonaventure University, a significant draw of approximately 2,500 students and faculty. The property's address is 3142 W State St, Olean, NY 14760, situated in Cattaraugus County. This presents a unique chance to establish a presence in a thriving retail center with a proven track record of success. The available space offers excellent visibility and accessibility, making it ideal for a variety of retail uses. This is a rare opportunity to secure space in one of Olean's most successful shopping centers.

Property profile

Verified
Property type Power centers
Total area 53,642 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3142 State St Olean, NY 14760
Olean metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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