490 Texas Ave - Office FOR SALE


Bridge City, TX 77611
$2,086,957 USD
203-253-9455
490 Texas Ave, Bridge City, TX for Sale
$2,086,957 USD
Office - FOR SALE
1/3
null | 5.75% Cap Rate

490 Texas Ave
Bridge City, TX 77611


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Recession-Resistance Service
  • Growing Vehicle Base & Longer Ownership
  • High-Exposure Highway Location
  • Established Retail & Community Hub

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 490 Texas Avenue, Bridge City, TX 77611. The site consists of roughly 1,415 rentable square feet of building space on an estimated .31-acre parcel of land. 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 $120,000 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$2,086,957 USD

PRICE/SF

$722 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Commercial

APN/PARCEL ID

006411-000020

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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