Take 5 Oil Change - Net Lease Property for Sale
South Houston, TX
Key Investment Metrics
Price
$1,948,570
Cap Rate
5.3%
Net Operating Income
$102,300
Building Size
2370 SF
Lot Size
2,370 SF
Land Area
0.55 Acres
Remaining Term
9.1 years
Lease Expiration
01/27/2035
Lease Term
15 years
Lease Commencement
01/28/2020
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2002
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years; 1/28/2030
About This Take 5 Oil Change Net Lease Property
This Take 5 Oil Change NNN (triple net lease) property is located in South Houston, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2370 square feet of building space and was built in 2002.
With a cap rate of 5.3%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $1,948,570, 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.
South Houston, TX Market Overview
Located in South Houston, TX, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The South Houston 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.