Take 5 Oil Change - Net Lease Property for Sale
Live Oak, FL
Key Investment Metrics
Price
$1,381,041
Cap Rate
5.8%
Net Operating Income
$79,409
Building Size
1823 SF
Lot Size
1,823 SF
Land Area
0.43 Acres
Remaining Term
9 years
Lease Expiration
02/06/2034
Lease Term
15 years
Lease Commencement
02/07/2019
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2019
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 Live Oak, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 1823 square feet of building space and was built in 2019.
With a cap rate of 5.8%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $1,381,041, 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.
Live Oak, FL Market Overview
Located in Live Oak, FL, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The Live Oak 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.