11825 S Highway 6 - Freestanding FOR SALE


Sugar Land, TX 77498- Cullinan Park
$1,509,000 USD
415-852-5177
11825 S Highway 6, Sugar Land, TX for Sale
$1,509,000 USD
Freestanding - FOR SALE
1/7
null | 5.5% Cap Rate

11825 S Highway 6
Sugar Land, TX 77498
Cullinan Park


HIGHLIGHTS

  • New Corporate 15-year Absolute NNN ground lease
  • Take 5 Oil Change operates over 1,000 locations nationwide and is expanding rapidly.
  • 10% rent escalations every five years across the base term and three (3) five-year options ensure predictable income growth.
  • Tenant assumes full responsibility for taxes, insurance, maintenance, roof, structure, and parking lot, offering a hands-off investment

OVERVIEW

Located on S Highway 6 with 49,475 daily vehicles, the property benefits from its adjacency to a brand-new McDonald’s and proximity to Walmart and H-E-B (within one mile). Its placement in Sugar Land’s retail hub ensures high visibility and steady customer traffic. The site’s accessibility and synergy with nearby anchors enhance Take 5’s operational success and investor appeal. The 15-year absolute NNN ground lease, commencing July 1, 2025, and expiring June 30, 2040, shifts all taxes, insurance, maintenance, roof, structure, and parking lot costs to Take 5. Three (3) five-year renewal options extend the lease to 2055, with 10% rent increases every five years for inflation protection. This structure delivers a zero-maintenance, secure investment Take 5 Properties SPV LLC, backed by Driven Brands, operates over 1,000 locations, ensuring a reliable income stream. The corporate guarantee and Take 5’s rapid expansion underscore its financial strength. This lease offers investors confidence in long-term cash flow from a proven national brand. The property serves a five-mile population of 330,636, projected to reach 349,815 by 2029, with a one-mile average household income of $144,090. The area’s 3.09 average household size and 78% quick-service automotive usage rate drive demand for Take 5’s services. Population growth of 5.8% by 2029 supports sustained consumer activity. Built in 2025, the 1,682 SF facility on a 0.63-acre lot is tailored for Take 5’s high-efficiency oil change model, featuring multiple service bays and streamlined customer access. Its design aligns with Sugar Land’s fast-paced, convenience-driven demographic. Positioned near Voss Rd (16,760 AADT) and Addicks-Howell Rd (35,000 AADT), the site taps into Sugar Land’s busy retail corridor. Proximity to Kempner High School (2,600+ students) and major employers like Fluor Corporation ensures diverse traffic patterns. The Houston MSA’s connectivity via I-69 and Beltway 8 amplifies regional access.

FOR SALE DETAILS

PRICE

$1,509,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

5.72 AC

LAND SF

249,179 SF

ZONING

-

APN/PARCEL ID

0032-00-000-0349-907

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.