Take 5 Oil Change NNN — Jamestown, NY

Updated November 5, 2026

$2,144,295 · 7.45% CAP · 13.3 YRS

2024 build-to-suit Take 5 Oil Change at 995 Fairmount Ave in Jamestown, about 1,735 SF, fee simple, asking $2,144,295 at a 7.45% cap on $159,750 rent. The absolute NNN lease has no landlord duties. Rent began February 2025 and the term runs to February 2040, about 13.3 years. Rent rises 10% to $175,725 in year 6 and keeps that 10% step every five years through four renewal terms. The guarantor is Purple Square Management Company, LLC, a franchise operator of about 245 units, not Take 5 corporate. Photo is representative. Fairmount Ave carries about 21,000 vehicles per day near Wegmans, Target and Home Depot. Jamestown is in Chautauqua County in western New York.

Lease Abstract

Price

$2,144,295

Cap rate

7.45% CAP

NOI

$159,750

Term remaining

13.3 YRS

Lease type

Absolute NNN

Increases

10% every 5 years, including options

Options

4 x 5-year

Guarantee

Franchisee

Building

1,735 SF

Year built

2024

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

1,735 SF building, built 2024. $1,236/SF asking, $92.07/SF NOI. Rent increases: 10% every 5 years, including options. Renewal options: 4 x 5-year. Franchisee guarantee. Primary term ends around 2040 (13.3 yrs left at listing, Nov 2026).

Location

Jamestown, New York — 995 Fairmount Ave, Jamestown, NY 14701. Full address and offering memorandum released on request — see our Take 5 Oil Change tenant guide and the New York market page for the underwriting context.