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Take 5 Oil Change 100 E 28th Ave 1,297 SF Retail Building Pampa, TX 79065 $2,464,102 CAD ($1,899.85 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Bonus Depreciation Opportunity
- Excellent Corporate Guarantee from Driven Brands
- Income Tax-Free State
- Strong Industry Growth
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 100 E 28th Ave, Pampa, TX 79065. The site consists of roughly 1,297 rentable square feet of building space on an estimated 0.33-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which commenced 11/21/2024. The current annual rent is $101,500 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,297 SF
Building Class
B
Year Built
2024
Price
$2,464,102 CAD
Price Per SF
$1,899.85 CAD
Cap Rate
5.75%
NOI
$141,686 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Frontage
84’ on East 28th Avenue
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 110302800710080000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $10,693 CAD | Total Assessment | $10,693 CAD |
PROPERTY TAXES
Parcel Number
110302800710080000000
Land Assessment
$10,693 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,693 CAD
CONTACTS
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 100 E 28th Ave
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