1224 E Main St - Auto Repair FOR SALE
Alice, TX 78332 |
1224 E Main St
Alice, TX 78332
HIGHLIGHTS
- New 15-year absolute NNN Corporate ground lease with 10% rental increases every five (5) years including option periods
- No landlord management, ideal for an out-of-area or passive investor
- New high-quality 2023 construction featuring three (3) bays, deliverable well below replacement cost
- Take 5 Oil Change is ranked in Entrepreneur magazine’s 2022 list of the Fastest-Growing Franchises
- Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3 billion in system-wide sales)
- Texas is an income tax-free state
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Repair, Freestanding, Service Station
TOTAL BUILDING SIZE
1421
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
11015-147-000-00
