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Take 5 Oil Change 490 Texas Ave 1,415 SF Office Building Bridge City, TX 77611 $2,854,331 CAD ($2,017.20 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Recession-Resistance Service
- High-Exposure Highway Location
- Strong Industry Growth
- Growing Vehicle Base & Longer Ownership
- Established Retail & Community Hub
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 490 Texas Avenue, Bridge City, TX 77611. The site consists of roughly 1,415 rentable square feet of building space on an estimated .31-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 $120,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
1,415 SF
Building Class
B
Year Built
1975
Price
$2,854,331 CAD
Price Per SF
$2,017.20 CAD
Cap Rate
5.75%
NOI
$164,124 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,415 SF
Building FAR
0.10
Lot Size
0.31 AC
Zoning
Commercial - Unrestricted Commercial
Amenities
- Signage
- Kitchen
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 006411-000020 | Improvements Assessment | $133,125 CAD |
| Land Assessment | $42,092 CAD | Total Assessment | $175,217 CAD |
Property Taxes
Parcel Number
006411-000020
Land Assessment
$42,092 CAD
Improvements Assessment
$133,125 CAD
Total Assessment
$175,217 CAD
Contacts
-
Edward
Otocka
-
Amelia
Haydock
-
John
McHugh
-
Gordon
Pollock
-
Glen
Kunofsky
-
Christopher
Marks
-
Brian
Brockman
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Company Not Provided
Take 5 Oil Change | 490 Texas Ave
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