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Take 5 Oil Change 484 FM 646 Rd W 1,706 SF Retail Building Dickinson, TX 77539 $2,248,075 ($1,317.75/SF) 5.50% 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 484 FM 646 Road, Dickinson, TX 77539. The site consists of roughly 1,706 rentable square feet of building space on an estimated 1-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 $123,644 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,706 SF
Building Class
C
Year Built
2020
Price
$2,248,075
Price Per SF
$1,317.75
Cap Rate
5.50%
NOI
$123,644
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.68 AC
Zoning
N/A
Frontage
167’ on FM 646
Amenities
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4392-0000-0001-000 | Improvements Assessment | $413,520 |
| Land Assessment | $260,790 | Total Assessment | $674,310 |
Property Taxes
Parcel Number
4392-0000-0001-000
Land Assessment
$260,790
Improvements Assessment
$413,520
Total Assessment
$674,310
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 484 FM 646 Rd W
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