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Take 5 Oil Change 14614 Plank Rd 1,683 SF Retail Building Baker, LA 70714 $1,583,333 ($940.78/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Corporate Guarantee from Driven Brands
- Recession-Resistance Service
- Strong Industry Growth
- Growing Vehicle Base & Longer Ownership
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 14614 Plank Rd, Baker, LA 70714. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.42-acre parcel of land. This 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 $95,000 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,683 SF
Building Class
C
Year Built
2025
Price
$1,583,333
Price Per SF
$940.78
Cap Rate
6%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
7.31 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03622673 | Improvements Assessment | $100,116 |
| Land Assessment | $15,131 | Total Assessment | $115,247 |
PROPERTY TAXES
Parcel Number
03622673
Land Assessment
$15,131
Improvements Assessment
$100,116
Total Assessment
$115,247
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Christopher Marks -
Surmount
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Take 5 Oil Change | 14614 Plank Rd
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