Log In/Sign Up
Your email has been sent.
Take 5 Oil Change 538 Aviation Rd 1,735 SF Retail Building Queensbury, NY 12804 $3,059,196 CAD ($1,763.23 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Brand new 2025 build-to-suit construction for Take 5 Oil Change
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- Corporate guarantee from an experienced Take 5 Oil Change operator (±60 Take 5locations & 245 locations across all franchise brands)
- 15-year absolute NNN lease with zero landlord responsibilities
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Affluent demographics with an average household income of $109,435 annually (5-mileradius)
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,735 SF
Building Class
B
Year Built
1998
Price
$3,059,196 CAD
Price Per SF
$1,763.23 CAD
Cap Rate
7.25%
NOI
$221,792 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.65 AC
Zoning
CI
Parking
16 Spaces (9.22 Spaces per 1,000 SF Leased)
Frontage
51’ on Aviation Rd
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 523400 302.5-1-94 | Improvements Assessment | $267,851 CAD |
| Land Assessment | $484,682 CAD | Total Assessment | $752,533 CAD |
Property Taxes
Parcel Number
523400 302.5-1-94
Land Assessment
$484,682 CAD
Improvements Assessment
$267,851 CAD
Total Assessment
$752,533 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Take 5 Oil Change | 538 Aviation Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.