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.
173297
Business Opportunities, 1 Story
Chautauqua
1970
2.2
Acres
Public
1
Public Sewer
25,000
Sq. Ft.
1 Total
School Information
Southwestern
Interior Features
- Cooling
- Central Air
- Heating
- Other. Forced Air.
Exterior / Lot Features
- Roof
- Rubber
- Lot Dimensions
- 165x576x0x0
- Zoning
- See Remarks
Financial Considerations
38-611-340.0-000.00
$24,830
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