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Take 5 Oil Change 408 E FM 2410 Rd 3,631 SF 100% Leased Retail Building Harker Heights, TX 76548 $3,302,757 CAD ($909.60 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Strong Traffic Counts
- Strong Industry Growth
- Retail Corridor Anchored by Walmart Supercenter (National Top 20%, Per Placer.ai)
- Growing Population Base & Income Tax-Free State
- Growing Vehicle Base & Longer Ownership
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 408 Farm to Market 2410, Harker Heights, TX 76548.? The site consists of roughly 3,631 rentable square feet of building space on an estimated 0.6-acre parcel of land.? 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 $135,000 and has scheduled increases of 1.50% Annually.?
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,631 SF
Building Class
C
Year Built
2007
Price
$3,302,757 CAD
Price Per SF
$909.60 CAD
Cap Rate
5.75%
NOI
$189,909 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.60 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 388980 | Improvements Assessment | $354,480 CAD |
| Land Assessment | $265,468 CAD | Total Assessment | $619,948 CAD |
Property Taxes
Parcel Number
388980
Land Assessment
$265,468 CAD
Improvements Assessment
$354,480 CAD
Total Assessment
$619,948 CAD
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 408 E FM 2410 Rd
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