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Take 5 Oil Change - Richardson 1198 N Plano Rd 2,772 SF Retail Building Richardson, TX 75081 $1,546,590 ($557.93/SF) 5% Cap Rate
Investment Highlights
- Fee simple
- Lease Expiration Date: 8/10/2030 (4.5 Years Remaining)
- Rent Increases: 2% Annual (Current Term and Option Periods)
- Absolute NNN
- Renewal Options: Three (3), 5-Year Options
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Services
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Lorem Ipsum
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Jan 0000
Whether it’s an oil change followed by a car wash, a car wash before an oil change…or both at completely different times, Take 5 gets the job done quickly so you can be on your way. Take 5 was founded as Rapid Oil Change. It offered quick oil changes, minor repairs and other maintenance services. Since then, it has seen expansion, faced disaster and become part of the community. What started in Louisiana, just outside New Orleans, spread to several states and across the southeastern United States from Virginia to Texas and several locations, with more shops opening in the coming months. Among the newest locations is the first Take 5 in Florida. To date, the company has opted to limit franchising the brand but it continues to consider future options to do so.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Services | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 42012950000010000 | Improvements Assessment | $400,500 |
| Land Assessment | $180,000 | Total Assessment | $580,500 |
Property Taxes
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Take 5 Oil Change - Richardson | 1198 N Plano Rd
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