Take 5 Oil Change | El Paso, TX (Zaragoza)
13+ Years Remaining | 10% Increases Every Five | Walking Distance from 100,000 SF Retail Center
Marketing description
Introducing a lucrative investment opportunity in El Paso, Texas - TAKE 5 at 1341 N. Zaragoza Road. This single-tenant NNN property presents a stable income stream with 13+ years remaining on the lease, offering scheduled rental increases and options to extend. Operated by T5 El Paso Zaragoza TX 048, LLC (d.b.a. Take 5 Oil Change), this property boasts a 6.50% cap rate and generates a net operating income of $105,000. With a fee-simple ownership structure and zero landlord responsibilities, this 1,315 SF property on 0.26 AC land benefits from a prime location in a dense retail corridor near Las Palmas Marketplace. The lease includes 10% rental increases at the beginning of each option period, providing a hedge against inflation. Ranked as the #1 Take Five location in the country by Placer a.i, this is an ideal, management-free investment for passive investors seeking a reliable income stream.
Investment highlights
±13.8 Years Remaining | Scheduled Rental Increases | Options To Extend
NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Las Palmas Marketplace | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
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