Take 5 OIl
2250 Hwy 95, Bullhead, AZ
For Sale
Retail
Street Retail
$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”