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Take 5 Oil Change 5836 N Market St 1,496 SF Retail Building Shreveport, LA 71107 $2,536,508 CAD ($1,695.53 CAD/SF) 6% Cap Rate
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 5836 North Market Street, Shreveport, LA 71107. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.92-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 $110,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,496 SF
Building Class
B
Year Built
2025
Price
$2,536,508 CAD
Price Per SF
$1,695.53 CAD
Cap Rate
6%
NOI
$152,191 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.92 AC
Zoning
GB - General Business
Frontage
206’ on North Market Street
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 191431-038-0001-00 | Improvements Assessment | $131,425 CAD |
| Land Assessment | $68,915 CAD | Total Assessment | $200,340 CAD |
Property Taxes
Parcel Number
191431-038-0001-00
Land Assessment
$68,915 CAD
Improvements Assessment
$131,425 CAD
Total Assessment
$200,340 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 | 5836 N Market St
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