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Take 5 Oil Change 500 College Ave 1,415 SF Retail Building Borger, TX 79007 $2,680,361 CAD ($1,894.25 CAD/SF) 5.75% Cap Rate

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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 500 College Ave, Borger, TX. The site consists of roughly 1,415 rentable square feet of building space on an estimated 0.53-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which commenced on 11/4/2025. The current annual rent is $110,408 with scheduled increases of 1.50% annually starting in 2031.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,415 SF
Building Class
B
Year Built
2025
Price
$2,680,361 CAD
Price Per SF
$1,894.25 CAD
Cap Rate
5.75%
NOI
$154,121 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.53 AC
Zoning
IC-4 - Dense commerical
Frontage
131’ on College Avenue

NEARBY MAJOR RETAILERS

Anytime Fitness
Bennigan's
Rent-A-Center
Scooter's Coffee
Starbucks
Happy State Bank
CrossFit
United Supermarkets
United Rentals
InterBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
96718
Land Assessment
$90,396 CAD
Improvements Assessment
$50,289 CAD
Total Assessment
$140,685 CAD
  • Listing ID: 38672179

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 500 College Ave, Borger, TX 79007

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