Take 5 Oil Change - Net Lease Property for Sale
Amsterdam, NY
Key Investment Metrics
Price
$2,400,000
Cap Rate
6.5%
Net Operating Income
$156,000
Building Size
1475 SF
Lot Size
1,475 SF
Land Area
1 Acres
Remaining Term
13.5 years
Lease Expiration
05/31/2039
Lease Term
15.3 years
Lease Commencement
01/31/2024
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee, Franchisee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Take 5 Oil Change Net Lease Property
This Take 5 Oil Change NNN (triple net lease) property is located in Amsterdam, NY and represents an excellent investment opportunity for commercial real estate investors. The property features 1475 square feet of building space and was built in 2023.
With a cap rate of 6.5%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $2,400,000, making it an attractive option for 1031 exchange investors seeking quality Take 5 Oil Change commercial properties.
Why Invest in Take 5 Oil Change NNN Properties?
- Stable Income: Take 5 Oil Change net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Take 5 Oil Change is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Amsterdam, NY Market Overview
Located in Amsterdam, NY, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The Amsterdam area offers excellent visibility and accessibility, making it an ideal location for Take 5 Oil Change operations and a solid investment for net lease property buyers.