1907 Rees St - Auto Repair FOR SALE


Breaux Bridge, LA 70517- St Martin Parish
$1,800,000 USD
332-345-4222
1907 Rees St, Breaux Bridge, LA for Sale
$1,800,000 USD
Auto Repair - FOR SALE
1/2
null | 6.25% Cap Rate

1907 Rees St
Breaux Bridge, LA 70517
St Martin Parish


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback | Structured as a sale-leaseback
  • Strong Corporate Guarantee | This Take 5 Oil Change investment is backed by a strong corporate guarantee from Drive Funding Holdco LLC
  • New Construction | The site is a brand new build with state-of-the-art systems throughout

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 1907 Rees Street, Breaux Bridge, Louisiana 70517. The site consists of roughly 1682 rentable square feet of building space on an estimated 0.94-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 $6 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$1,070 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

06901A1457

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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