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Take 5 Oil Change 4019 LA-1 1,683 SF Retail Building Port Allen, LA 70767 $1,583,333 ($940.78/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Corporate Guarantee from Driven Brands
- Exceptional Frontage on Louisiana Hwy 1 South
- Strong Industry Growth
- New Construction Site Surrounded by Strong Anchor Tenants
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 4019 LA-1, Port Allen, LA 70767. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.88-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
0.04
Lot Size
0.88 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 305400000103 | Improvements Assessment | $0 |
| Land Assessment | $680 | Total Assessment | $680 |
PROPERTY TAXES
Parcel Number
305400000103
Land Assessment
$680
Improvements Assessment
$0
Total Assessment
$680
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Christopher Marks -
Surmount
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Take 5 Oil Change | 4019 LA-1
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