5836 N Market St - Freestanding FOR SALE


Shreveport, LA 71107- W Outlying Caddo Parish
$1,833,333 USD
203-253-9455
5836 N Market St, Shreveport, LA for Sale
$1,833,333 USD
Freestanding - FOR SALE
1/3
null | 6% Cap Rate

5836 N Market St
Shreveport, LA 71107
W Outlying Caddo Parish


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 5836 North Market Street, Shreveport, LA 71107. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.92-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 $110,000 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,833,333 USD

PRICE/SF

$262 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

GB

APN/PARCEL ID

191431-038-0001-00

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.