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Take 5 Oil Change 6819 TX-16 Spur 1,438 SF Retail Building El Paso, TX 79835 $2,480,000 ($1,724.62/SF) 5.85% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand New 15-Year Absolute Triple-Net (NNN) Lease
Corporate Guaranty by 24+ Unit Franchisee
High-Quality 2023 Construction

10% Rental Increases Every 5 Years with Multiple Renewal Options
Dense Trade Area in El Paso - 102,591 Residents within a 5-Mile Radius
Situated Immediately Off the I-10 Freeway with Excellent Frontage Along Woodrow Bean Transmountain Drive (±23,360 Cars per Day)

EXECUTIVE SUMMARY

Founded in 1984, Take 5 Oil Change pioneered the stay-in-your-car oil change, transforming the industry with its fast and simple service model. In 2024 alone, the brand added more than 100 new franchise locations, nearly doubling its franchise footprint in just two years. For the first quarter of 2025 ending March 29, 2025, Take 5 reported revenue growth of 15 percent and same store sales growth of 8 percent. As part of Driven Brands, Take 5 continues to grow its presence across the U.S. and Canada.
El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20 percent U.S. performing economy.

Take 5 Oil Change (Spur)_El Paso, TX_Marketing Package

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Auto Repair

Building Size

1,438 SF

Building Class

Year Built

2023

Price

$2,480,000

Price Per SF

$1,724.62

Cap Rate

5.85%

NOI

$145,076

Tenancy

Single

Building Height

1 Story

Building FAR

0.05

Lot Size

0.65 AC

Zoning

C4 - Heavy commercial zone

Parking

12 Spaces (8.34 Spaces per 1,000 SF Leased)

Frontage

101’ on Texas 16 Spur

Signage

Drive Thru

Services
99,999 SF
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Whether it’s an oil change followed by a car wash, a car wash before an oil change…or both at completely different times, Take 5 gets the job done quickly so you can be on your way. Take 5 was founded as Rapid Oil Change. It offered quick oil changes, minor repairs and other maintenance services. Since then, it has seen expansion, faced disaster and become part of the community. What started in Louisiana, just outside New Orleans, spread to several states and across the southeastern United States from Virginia to Texas and several locations, with more shops opening in the coming months. Among the newest locations is the first Take 5 in Florida. To date, the company has opted to limit franchising the brand but it continues to consider future options to do so.