Take 5 Oil Change | 995 Fairmount Ave
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Take 5 Oil Change 995 Fairmount Ave
1,610 SF 4-Star Retail Building Jamestown, NY 14701 £1,855,426 (£1,152/SF) 7% Net Initial Yield
Investment Highlights
- Brand New 2025 Construction | Take 5 Oil Change | Owned by Driven Brands (NASDAQ: DRVN) | Purple Square Management Guaranty (~325 Unit Franchisee)
- Outparcel to a Dominant Grocery Anchored Retail Center anchored by Target, Wegmans, & the Home Depot
- Located 42 Miles East of Downtown Erie, PA | Diverse & Dynamic Economic Center | Strong Demographics in Trade Area
- 15-Year Primary Term + 4 (5-Year) Options | Absolute NNN | 10.00% Rental Increases Every 5 Years
- Half-Mile east of the 435K SF Chautauqua Regional Mall | Strong Frontage and Visibility along Hwy 394 (19,223 VPD)
- 43,088 People with an Average Household Income of $59,264 within 5 Miles
Executive Summary
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a single-tenant, net leased Take 5 Oil Change in Jamestown, NY.
NNN Lease Structure
15 Years Lease Term Remaining
Fee Simple Ownership Interest
NNN Lease Structure
15 Years Lease Term Remaining
Fee Simple Ownership Interest
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,610 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
£1,855,426
Price Per SF
£1,152
Net Initial Yield
7%
NOI
£129,880
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.43 AC
Frontage
198 ft on Fairmount Avenue
Nearby Major Retailers
1 of 6
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Take 5 Oil Change | 995 Fairmount Ave
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