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Take 5 Oil Change 4019 LA-1 1,683 SF Retail Building Port Allen, LA 70767 $2,153,824 CAD ($1,279.75 CAD/SF) 6% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Exceptional Frontage on Louisiana Hwy 1 South
- Strong Industry Growth
- New Construction Site Surrounded by Strong Anchor Tenants
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 4019 LA-1, Port Allen, LA 70767. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.88-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
$2,153,824 CAD
Price Per SF
$1,279.75 CAD
Cap Rate
6%
NOI
$129,229 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.88 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 305400000103 | Improvements Assessment | $0 CAD |
| Land Assessment | $925 CAD | Total Assessment | $925 CAD |
Property Taxes
Parcel Number
305400000103
Land Assessment
$925 CAD
Improvements Assessment
$0 CAD
Total Assessment
$925 CAD
Contacts
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Christopher Marks -
Surmount
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Take 5 Oil Change | 4019 LA-1
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