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Take 5 Oil Change

$1,254,000

111 Southwest Parkway East, College Station, TX 77840

Active
Last Updated: 10/22/2021

5.5

Cap Rate

1,890 sqft

Building Size

Details:
Cap Rate:    5.5%
Building Size:    1,890 sqft
Highlights:
  • 10 year extension on corporate lease
  • Absolute NNN lease with no Landlord responsibilities
  • Excellent location in heart of booming College Station, TX
  • Located one (1) mile from Texas A&M University (60,000 + students)
  • Visibility and exposure to over 42,000 VPD at the intersection of Texas Avenue and Southwest Parkway
  • Take 5 Oil Change is the leading fast lube chain on the Gulf Coast with 500 stores in 18 different states
Description:

Oldham Goodwin is pleased to present this NNN leased Take 5 Oil Change for your consideration. The property is located in the heart of booming College Station, TX, just one (1) mile from Texas A&M University with over 60,000 students. The property has excellent visibility with great exposure to over 42,000 vehicles per day at the intersection of Texas Avenue and Southwest Parkway. Recently executed a 10 year extension on this Absolute NNN lease with no Landlord maintenance obligations. Take 5 Oil Change has been in business since 1984, and operates more than 500 store locations in 18 states.

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