Fairmount Avenue Plaza

685 Fairmount Avenue, Jamestown, NY 14701

  • For Sale $1,325,000
  • Property Type Retail - Freestanding
  • Property Size 25,000 SF
  • Units 1
  • Lot Size 2.2 Acre
  • Property Tenancy Single Tenant
  • Year Built 1970
  • Date Updated Mar 18, 2024
Fairmount Avenue between Avalon Blvd. & Elmwood Avenue just east of Walmart. Across from Runnings & Kwik Fill.NNN investment opportunity! National tenant, Discount Tire dba Dunn Tire, the nation’s largest independent tire & wheel retailer with 1,150+ stores in 38 states. $100,000 Net operating income (2023). Offered at a 7.55% cap rate. 25,000± SF free standing, single tenant building on 2.2± acres with 165’ frontage along Fairmount Avenue – room for outparcel development! Built in 1970. Includes new roof installed 2021 with 20-year warranty, gas forced air heat, central electric AC, and public utilities. Zoned Shopping Center (Town of Ellicott). Situated on greater Jamestown’s major retail corridor with 19,187 average daily traffic (AADT 2019). Near Runnings, Walmart, Auto Zone, Home Depot, Starbucks, Target, Wegmans, Aldi, Auto Zone, the Chautauqua Mall & more. Contact broker for additional information or to schedule a tour.2,000± SF mixed-use space for lease at Fairmount Avenue Plaza. Located in the heart of the Greater Jamestown’s retail corridor near Runnings, Walmart, Home Depot, Wegmans, Chautauqua Mall & numerous franchises & restaurants. Space features front retail area, rear warehouse/storage area and 2 restrooms - including 1 ADA restroom. Excellent visibility & signage with 19,187 average daily traffic along Fairmount Avenue (AADT 2019 per NYSDOT). Easy ingress/egress with signalized entrance to plaza. Abundant free parking. Join Dunn Tire, Subway, AT&T, Zoom Tan, Blue Collar Workwear, The Fairmount Salon & Day Spa, Gamerz Haven, 2nd Chances Thrift Store, Click Photo Studios, Dean's Restaurant, OhLaLa Nails, Patient’s Pharmacy, Perfect Pizza & Enterprise Rent-A-Car. Offered at $12.00/SF/YR – NNN. NNN estimated at $2.50/SF/YR. Tenant pays approximately $2,417/month plus utilities. Contact broker for additional information.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • NNN Investment Opportunity
  • 25,000± SF Free Standing, Single Tenant Building
  • $100,000 Net Operating Income (2023)
  • 7.55% Cap Rate
  • National Tenant – Discount Tire dba Dunn Tire
  • Nation’s Largest Independent Tire & Wheel Retailer with 1,150+ Stores in 38 States
  • Situated on 2.2± Acres – Room for Outparcel Development
  • 165’ Frontage Along Fairmount Avenue
  • Greater Jamestown’s Major Retail Corridor with 19,187 AADT (2019)
  • Near Runnings, Walmart, Home Depot, Wegmans, Target, Chautauqua Mall & More

Contacts

broker

Sherry Bauer

SBRE - Sherry Bauer Real Estate

(814) 453-2000

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Jamestown, NY
  • Neighborhood Jamestown West
  • Zip Code 14701

Points of Interest

  • Kwik Fill

    0.09 miles

  • Mobil

    0.84 miles

  • Kwik Fill

    1.32 miles

  • Kwik fill

    2.04 miles

  • Marathon

    2.39 miles

  • Mobile

    2.51 miles

  • Marathon

    3.77 miles

  • Bridgeview One Stop

    6.63 miles

  • Kwik Fill

    6.73 miles

  • Bemus Bay Water Toys

    7.35 miles

  • Jamestown Rt 60 and I-86

    2.70 miles

  • Parking Lot Jamestown Airfield

    4.02 miles

  • Car Parking

    4.42 miles

  • Truck/Bus Parking

    4.45 miles

  • Guppy's

    9.44 miles

  • The Perfect Pizza Restaurant

    0.07 miles

  • Subway

    0.07 miles

  • Dean's Restaurant

    0.08 miles

  • Applebee's

    1.06 miles

  • Subway

    1.09 miles

  • Olive Garden

    1.20 miles

  • Wendy's

    1.24 miles

  • Taco Bell

    1.28 miles

  • Five Guys

    1.29 miles

  • Sakura Buffet

    1.29 miles

  • ALDI

    0.58 miles

  • Wegmans

    0.61 miles

  • Target

    0.71 miles

  • Walmart Supercenter

    1.08 miles

  • JCPenney

    1.24 miles

  • Chautauqua Mall

    1.26 miles

  • TJ Maxx

    1.43 miles

  • Tops

    2.06 miles

  • Big Lots

    2.22 miles

  • Save A Lot

    3.23 miles

Frequently Asked Questions

What is the lease rate for Fairmount Avenue Plaza?

Rental asking rate at Fairmount Avenue Plaza is $662,500.00/YR.

What is the total square footage of Fairmount Avenue Plaza?

Fairmount Avenue Plaza totals 25,000 square feet.

When was this property built?

Fairmount Avenue Plaza was built in 1970.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Sherry Bauer

SBRE - Sherry Bauer Real Estate

(814) 453-2000