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Take 5 Oil Change 319 Texas 114 1,428 SF Retail Building Levelland, TX 79336 $1,826,087 ($1,278.77/SF) 5.75% 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 319 Texas 114, Levelland, TX 79336. The site consists of roughly 1,428 rentable square feet of building space on an estimated .3-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 $105,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,428 SF
Year Built
2026
Price
$1,826,087
Price Per SF
$1,278.77
Cap Rate
5.75%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.30 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | R17679 | Improvements Assessment | $159,150 |
| Land Assessment | $6,460 | Total Assessment | $165,610 |
Property Taxes
Parcel Number
R17679
Land Assessment
$6,460
Improvements Assessment
$159,150
Total Assessment
$165,610
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 319 Texas 114
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