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2801 W State St
4,800 SF of Retail Space Available in Olean, NY 14760
Highlights
- High Foot Traffic Plaza
- Strong Co-Tenants
- Pylon Signage
- 40' of Retail Frontage
- Large Building Signage
- High Ceilings
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,800 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $72,000 /YR $6,000 /MO | Triple Net (NNN) |
1st Floor
This open-floor-plan suite with 20-foot ceilings is located in a high-traffic neighborhood plaza anchored by Marshalls, Ollie’s, and Hobby Lobby. Featuring pylon and building signage opportunities, 590-car parking, and traffic light access, this location sees over 830,000 annual visits and 16,307 AADT. Positioned near I-86, Walmart, and St. Bonaventure University, it’s perfect for retail concepts looking to thrive. Available for immediate tenancy at $15 PSF NNN.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 2801 W State St, Olean, NY 14760
- Tenant
- Description
- US Locations
- Reach
- Hobby Lobby
- Hobby
- 1,348
- National
- Marshalls
- Dept Store
- 1,485
- International
- Ollie's Bargain Outlet
- Dollar/Variety/Thrift
- 687
- National
| Tenant | Description | US Locations | Reach |
| Hobby Lobby | Hobby | 1,348 | National |
| Marshalls | Dept Store | 1,485 | International |
| Ollie's Bargain Outlet | Dollar/Variety/Thrift | 687 | National |
PROPERTY FACTS FOR 2801 W State St , Olean, NY 14760
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Storefront | Parking Ratio | 4.68/1,000 SF |
| Gross Leasable Area | 114,948 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 114,948 SF |
| Year Built | 1995 |
| Parking Ratio | 4.68/1,000 SF |
About the Property
Prime retail space is available in a bustling neighborhood plaza anchored by Marshalls, Ollie’s Bargain Outlet, and Hobby Lobby. This 4,800 SF suite features an open floor plan with soaring 20-foot ceilings, delivered in a vanilla shell finish, and is ready for your vision. With prominent building signage, pylon signage opportunities, and a massive 590-car parking lot, this space offers unparalleled visibility, convenience, and traffic light access. The plaza attracts over 830,000 annual visits and benefits from a 16,307 AADT on W State Street. This high-traffic location is right off I-86, near major employers such as Cutco Corp, Dresser-Rand, St. Bonaventure University, and BOCES, which have over 2,700 employees combined. The surrounding area boasts national retailers like Walmart Supercenter and Home Depot and popular restaurant chains, making this plaza a go-to destination for shoppers and diners. Position your business for success in this dynamic retail environment. Contact us today to learn more or schedule a tour!
- Pylon Sign
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
Presented by
2801 W State St
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