14614 Plank Rd - Auto Repair FOR SALE


Baker, LA 70714
$1,583,333 USD
332-345-4222
14614 Plank Rd, Baker, LA for Sale
$1,583,333 USD
Auto Repair - FOR SALE
1/2
null | 6% Cap Rate

14614 Plank Rd
Baker, LA 70714


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Recession-Resistance Service
  • Growing Vehicle Base & Longer Ownership

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 14614 Plank Rd, Baker, LA 70714. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.42-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 $95,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,583,333 USD

PRICE/SF

$941 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.31 AC

LAND SF

318,424 SF

ZONING

-

APN/PARCEL ID

03622673

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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