Take 5 Oil Change - Net Lease Property for Sale
Indianapolis, IN
Key Investment Metrics
Price
$1,584,000
Cap Rate
6.3%
Net Operating Income
$99,000
Building Size
2389 SF
Lot Size
2,389 SF
Land Area
0.24 Acres
Remaining Term
9.3 years
Lease Expiration
05/05/2035
Lease Term
10.4 years
Lease Commencement
11/26/2024
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2000
Occupancy
100%
Tenancy
Single
Rent Increases
10% rental increases 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 Indianapolis, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 2389 square feet of building space and was built in 2000.
With a cap rate of 6.3%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $1,584,000, 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.
Indianapolis, IN Market Overview
Located in Indianapolis, IN, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The Indianapolis 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.