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New Take 5 Oil | 55+ Unit Operator 1655 S Valley Dr 11,430 SF Retail Building Las Cruces, NM 88005 $2,324,000 ($203.32/SF) 6.25% Cap Rate
Investment Highlights
- Franchisee Guaranteed Sale-Leaseback | Options To Extend | Scheduled Rental Increases
- Walmart Supercenter | Mesilla Valley Shopping Mall | New Mexico State University
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
(5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Take 5 Oil Change began in Louisiana near New Orleans and was founded in 1984 as Rapid Oil Change. The company built its service model around quick oil changes, minor repairs, and other maintenance work, then introduced a stay-in-your-car concept that became a defining part of the brand. Today, Take 5 Oil Change offers oil changes, fluid top-offs, tire pressure checks, filter and wiper inspections, and related vehicle maintenance through a broad network of company-owned and franchised service centers across the United States and Canada. The company also supports fleet accounts and continues to expand its franchise footprint within the quick-lube market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-07137 | Improvements Assessment | $75,997 |
| Land Assessment | $33,033 | Total Assessment | $109,030 |
Property Taxes
Presented by
New Take 5 Oil | 55+ Unit Operator | 1655 S Valley Dr
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