Take 5 Oil Change - Net Lease Property for Sale
Virginia Beach, VA
Key Investment Metrics
Price
$1,536,104
Cap Rate
5.8%
Net Operating Income
$88,326
Building Size
1418 SF
Lot Size
1,418 SF
Land Area
0.41 Acres
Remaining Term
19.9 years
Lease Expiration
11/30/2045
Lease Term
20 years
Lease Commencement
11/25/2025
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
1994
Occupancy
100%
Tenancy
Single
About This Take 5 Oil Change Net Lease Property
This Take 5 Oil Change NNN (triple net lease) property is located in Virginia Beach, VA and represents an excellent investment opportunity for commercial real estate investors. The property features 1418 square feet of building space and was built in 1994.
With a cap rate of 5.8%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $1,536,104, 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.
Virginia Beach, VA Market Overview
Located in Virginia Beach, VA, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The Virginia Beach 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.