Log In/Sign Up
Your email has been sent.
Take 5 Oil Change 1045 Ridge Rd 1,723 SF 100% Leased Retail Building Webster, NY 14580 $2,318,657 ($1,345.71/SF) 7% Cap Rate



Investment Highlights
- Brand new 2024 build-to-suit construction
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
- 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Affluent demographics with an average household income of $136,783 annually (5-mile radius)
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,723 SF
Building Class
B
Year Built
2024
Price
$2,318,657
Price Per SF
$1,345.71
Cap Rate
7%
NOI
$162,306
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
1.25 AC
Frontage
143’ on New York 404
Nearby Major Retailers
Property Taxes
| Parcel Number | 265489 079.15-1-8.009 | Improvements Assessment | $0 |
| Land Assessment | $386,400 | Total Assessment | $386,400 |
Property Taxes
Parcel Number
265489 079.15-1-8.009
Land Assessment
$386,400
Improvements Assessment
$0
Total Assessment
$386,400
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Take 5 Oil Change | 1045 Ridge Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
