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6401 N 76th St
Milwaukee, WI 53223
Take 5 Oil Change · Retail Property For Sale
Investment Highlights
- Excellent Corporate Guarantee from Driven Brands
- Strong Surrounding Demographics
- Strong Industry Growth
- High-Visibility Corner Location with Strong Traffic Counts
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Take 5 Oil Change located at 6401 North 76th Street, Milwaukee, WI 53223. The site consists of roughly 1,421 rentable square feet of building space on an estimated 0.52-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 $100,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,407 SF
Building Class
C
Year Built
1960
Price
$2,289,534 CAD
Price Per SF
$519.52 CAD
Cap Rate
6%
NOI
$137,372 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.52 AC
Zoning
LB1 - Commercial Local Business
Frontage
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 142-9984-115-5 | Improvements Assessment | $557,101 CAD |
| Land Assessment | $152,788 CAD | Total Assessment | $709,889 CAD |
Property Taxes
Parcel Number
142-9984-115-5
Land Assessment
$152,788 CAD
Improvements Assessment
$557,101 CAD
Total Assessment
$709,889 CAD
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