Take 5 Oil Change | Triple Net (NNN) Lease
$1,234,286
1561 W M.L.K Jr Boulevard, Fayetteville, AR 72701
For Sale
Retail
Free Standing
Pending
Last Updated: 07/26/2021
5.27
Cap Rate
65,000
NOI
Details:
Cap Rate: 5.27%
NOI: $65,000
Building Size: 2,000 sqft
Lot Area: 0.48 acres
Lease Type: Triple Net
Year Built: 2018
Price Per Sqft: $617.14
Roof & Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility
Highlights:
- Over 7 Years Remaining on a Triple Net (NNN) Lease With No Landlord Responsibility
- Corporately Guaranteed Lease By Driven Systems, LLC – Which Includes Over 556 Take 5 Oil Change Locations and More Than 2,000 Other Automotive-Related Locations Across the United States
- Take 5 Oil Change Has Been in Business For Over 35 Years Now and Has Designed the First “5 Minute Drive-Thru Oil Change” Where Customers Can Stay in Their Car During the Process
- Located on the Heavily Trafficked Retail Corridor With Traffic Counts Over 34,866 Vehicles Per Day
- Excellent Demographics With a Population of 91,868 Residents Making an Average Household Income of $67,476 Within a 5-Mile Radius
- Located Adjacent to the University of Arkansas, Serving Over 27,549 Students and 4,500 Staff
- Located 1.5-Miles From the Fayetteville Public Library, Which Has Been Voted One of the Ten Best Libraries to Tour in the U.S.
- Fayetteville is the 3rd Largest City in Arkansas and is Home to the University of Arkansas Razorbacks Football, Basketball and Baseball Teams in Which Thousands of Alumni and Fans Come to Town for Games and Events
- Forbes Ranked Fayetteville as the 24th-Best City For Business and Careers in 2016; The City Hosts the Walmart Shareholders Meetings Each Year at the Bud Walton Arena
- Nearby Tenants Include: Walmart, Lowe’s, Torchy’s Tacos, Chick-fil-A, Raising Cane’s, Whataburger, Burger King, Walgreens, AutoZone, Starbucks, McDonald’s and More
Description:
Sands Investment Group is Pleased to Present Exclusively For Sale the 2,000 SF Take 5 Oil Change Located at 1561 W M.L.K. Jr Boulevard in Fayetteville, Arkansas. This Opportunity Includes Over 7 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
Documents:
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Offering Memorandum |
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