6819 TX-16 Spur - Auto Repair FOR SALE


El Paso, TX 79835- Westside El Paso
$2,480,000 USD
602-687-6780
6819 TX-16 Spur, El Paso, TX for Sale
$2,480,000 USD
Auto Repair - FOR SALE
1/5
null | 5.85% Cap Rate

6819 TX-16 Spur
El Paso, TX 79835
Westside El Paso


HIGHLIGHTS

  • Brand New 15-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Corporate Guaranty by 24+ Unit Franchisee
  • Dense Trade Area in El Paso - 102,591 Residents within a 5-Mile Radius
  • High-Quality 2023 Construction
  • Situated Immediately Off the I-10 Freeway with Excellent Frontage Along Woodrow Bean Transmountain Drive (±23,360 Cars per Day)

OVERVIEW

Founded in 1984, Take 5 Oil Change pioneered the stay-in-your-car oil change, transforming the industry with its fast and simple service model. In 2024 alone, the brand added more than 100 new franchise locations, nearly doubling its franchise footprint in just two years. For the first quarter of 2025 ending March 29, 2025, Take 5 reported revenue growth of 15 percent and same store sales growth of 8 percent. As part of Driven Brands, Take 5 continues to grow its presence across the U.S. and Canada. El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20 percent U.S. performing economy.

FOR SALE DETAILS

PRICE

$2,480,000 USD

PRICE/SF

$1,725 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C4

APN/PARCEL ID

T705-999-0020-0200

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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