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Take 5 Oil Change 11730 Texas 29 Hwy 1,828 SF Retail Building Liberty Hill, TX 78642 $2,181,818 ($1,193.55/SF) 5.50% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Income Tax-Free State
- Recession-Resistance Service
- Incredibly Strong Demographic Growth Trends
- Excellent Positioning on Highly Active Freeway
- Strong Industry Growth
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 11730 Texas 29, Liberty Hill, TX 78642.? The site consists of roughly 1,828 rentable square feet of building space on an estimated 1.26-acre parcel of land.? Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow.? The annual rent will be $120,000 and has scheduled increases of 1.50% Annually.?
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,828 SF
Building Class
B
Year Built
2022
Price
$2,181,818
Price Per SF
$1,193.55
Cap Rate
5.50%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.26 AC
Frontage
452’ on West State Highway 29
Amenities
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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