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Take 5 Oil Change 490 Texas Ave 1,415 SF Office Building Bridge City, TX 77611 $1,958,677 ($1,384.22/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 490 Texas Avenue, Bridge City, TX 77611. The site consists of roughly 1,415 rentable square feet of building space on an estimated 0.31-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 $112,624 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
1,415 SF
Building Class
B
Year Built
2026
Price
$1,958,677
Price Per SF
$1,384.22
Cap Rate
5.75%
NOI
$112,624
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,415 SF
Building FAR
0.10
Lot Size
0.31 AC
Zoning
Commercial - Unrestricted Commercial
Amenities
- Signage
- Kitchen
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 006411-000020 | Improvements Assessment | $97,335 |
| Land Assessment | $30,776 | Total Assessment | $128,111 |
Property Taxes
Parcel Number
006411-000020
Land Assessment
$30,776
Improvements Assessment
$97,335
Total Assessment
$128,111
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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