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Take 5 Oil Change 14614 Plank Rd 1,683 SF Retail Building Baker, LA 70714 $2,164,495 CAD ($1,286.09 CAD/SF) 6% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Recession-Resistance Service
- Strong Industry Growth
- Growing Vehicle Base & Longer Ownership
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 14614 Plank Rd, Baker, LA 70714. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $95,000 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,683 SF
Building Class
C
Year Built
2025
Price
$2,164,495 CAD
Price Per SF
$1,286.09 CAD
Cap Rate
6%
NOI
$129,870 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
7.31 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 03622673 | Improvements Assessment | $136,864 CAD |
| Land Assessment | $20,685 CAD | Total Assessment | $157,548 CAD |
Property Taxes
Parcel Number
03622673
Land Assessment
$20,685 CAD
Improvements Assessment
$136,864 CAD
Total Assessment
$157,548 CAD
Contacts
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Christopher Marks -
Surmount
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Take 5 Oil Change | 14614 Plank Rd
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