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Take 5 Oil Change 705 Jackson Rd 1,496 SF Retail Building Pharr, TX 78577 $1,826,087 ($1,220.65/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Long-Term 20-Year NNN Sale-Leaseback
- New Construction
- Attractive Annual Rental Increases
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 705 S Jackson Rd, Pharr, TX 78577. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.21-acre parcel of land. This 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 $105,000 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
1,496 SF
Building Class
B
Year Built
2025
Price
$1,826,087
Price Per SF
$1,220.65
Cap Rate
5.75%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.21 AC
Opportunity Zone
Yes
Parking
21 Spaces (14.04 Spaces per 1,000 SF Leased)
Frontage
61’ on South Jackson Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P3230-00-000-007A-00 | Improvements Assessment | $316,343 |
| Land Assessment | $1,028,375 | Total Assessment | $1,344,718 |
PROPERTY TAXES
Parcel Number
P3230-00-000-007A-00
Land Assessment
$1,028,375
Improvements Assessment
$316,343
Total Assessment
$1,344,718
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Surmount
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Take 5 Oil Change | 705 Jackson Rd
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