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8434 Spring-Cypress Rd
Spring, TX 77379
Take 5 Oil Change · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,468 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.57 AC
Zoning
None
Parking
30 Spaces (7.63 Spaces per 1,000 SF Leased)

ABOUT 8434 SPRING-CYPRESS RD , SPRING, TX 77379

Headquartered in Metairie, Louisiana and founded in 1984, Take 5 Oil Change is a leading fast lube chain in the Southeastern United States, focused exclusively on oil changes and ancillary services, including windshield wiper and air filter replacements. Since 2004, the Company has rapidly increased its footprint, expanding from 13 to 150+ stores and becoming an industry leader in Louisiana and the Southeast through living its mission to “Change your oil, not your schedule.” The leading fast lube chain in the Gulf Coast with 150+ stores – located in Texas, Louisiana, Mississippi, Alabama, South Carolina, North Carolina, Ohio, Florida, Oklahoma, Georgia, Arkansas, and Virginia. Expansion focus on all southeastern states. Take 5’s are corporate owned and guaranteed locations. Niche focus on oil changes (90% of sales). Revenue per location 30% higher than industry average. 20,000+ cars annually per location. Number one of all automotive service providers. EBITDA margins significantly exceeds industry average performance. Targeting 20+ store openings per year.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1388450020002
Land Assessment
$258,972
Improvements Assessment
$356,569
Total Assessment
$615,541
  • Listing ID: 10772775

  • Date on Market: 11/27/2017

  • Last Updated:

  • Address: 8434 Spring-Cypress Rd, Spring, TX 77379

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