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Take 5 Oil Change 500 College Ave 1,415 SF Retail Building Borger, TX 79007 $1,920,139 ($1,356.99/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 500 College Ave, Borger, TX. The site consists of roughly 1,415 rentable square feet of building space on an estimated 0.53-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which commenced on 11/4/2025. The current annual rent is $110,408 with scheduled increases of 1.50% annually starting in 2031.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,415 SF
Building Class
B
Year Built
2025
Price
$1,920,139
Price Per SF
$1,356.99
Cap Rate
5.75%
NOI
$110,408
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.53 AC
Zoning
IC-4 - Dense commerical
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 96718 | Improvements Assessment | $35,810 |
| Land Assessment | $64,370 | Total Assessment | $100,180 |
PROPERTY TAXES
Parcel Number
96718
Land Assessment
$64,370
Improvements Assessment
$35,810
Total Assessment
$100,180
CONTACTS
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 500 College Ave
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