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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
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,438 SF
Building Class
B
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
Amenities
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Take 5 Oil Change began in Louisiana near New Orleans and was founded in 1984 as Rapid Oil Change. The company built its service model around quick oil changes, minor repairs, and other maintenance work, then introduced a stay-in-your-car concept that became a defining part of the brand. Today, Take 5 Oil Change offers oil changes, fluid top-offs, tire pressure checks, filter and wiper inspections, and related vehicle maintenance through a broad network of company-owned and franchised service centers across the United States and Canada. The company also supports fleet accounts and continues to expand its franchise footprint within the quick-lube market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | T705-999-0020-0200 | Improvements Assessment | $0 |
| Land Assessment | $188,512 | Total Assessment | $188,512 |
Property Taxes
Parcel Number
T705-999-0020-0200
Land Assessment
$188,512
Improvements Assessment
$0
Total Assessment
$188,512
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