Take 5 OIl

2250 Hwy 95, Bullhead, AZ

$2,149,000

Price

6%

Cap Rate

$128,931

NOI

Overview
Cap Rate
6%
NOI
$128,931
Building Size
1,438 sqft
Occupancy
100%
Year Built
2022
Description

Faris Lee Investments is pleased to present the opportunity to acquire the brand-new, state-of-the-art construction Take 5 Oil in Bullhead, AZ

The property is an outparcel to city square shopping center, the dominant retail center serving the trade area of Bullhead City/Laughlin, AZ

Highlights
  • Brand-new, state-of-the-art construction | Tenant opened in December 2022
  • Absolute triple net lease | Zero landlord responsibilities
  • New, 15-year lease with 10% rent increases every 5 years, beginning in year 6
  • Full-term guaranty from a High-growth operator | On Track for ±50 locations in this territory by end of 2024 | Contact agent for details
  • Subject property is an outparcel to city square shopping center, the dominant retail center serving the trade area
  • Superb traffic counts and ideal, brand-driven demographics
  • Strategic & centralized location in Bullhead City/Laughlin
  • Diverse economic drivers provide sustained growth for the Bullhead City/Laughlin, NV economy
  • Take 5 oil change is the fastest growing oil change concept in the U.S. with more than 800 locations in 18 states
  • Contactless, “stay in your car, 10-minute oil change”

Location
Gallery