Take 5 Oil Change
Retail | 5.75% CAP | 1,683 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1096 N Main St, Vidor, TX 77662. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.44-acre parcel of land. This 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 $104,302 and has scheduled increases of 1.50% annually.
Investment highlights
Strong Corporate Guarantee | This Take 5 Oil Change investment is backed by a strong corporate guarantee from Driven Funding Holdco, LLC, a well-established operator with a portfolio of over 3,500 units nationwide. This robust financial backing enhances the security of the long-term lease, providing investors with confidence in the tenant’s stability and performance.
New Construction | This site is a newly constructed Take 5 Oil Change facility, featuring a modern design and outfitted with stateof-the-art systems throughout. From advanced automotive service equipment to energy-efficient infrastructure and streamlined customer service technology, every aspect of the build reflects the latest innovations in the quick-lube industry.
Long-Term 20-Year NNN Sale-Leaseback | Structured as a sale-leaseback, this offering provides long-term stability with a nationally recognized tenant in a high-demand, essential service industry. With zero landlord responsibilities, investors benefit from a truly passive income stream, ensuring predictable cash flow with no maintenance or operational oversight required.
Attractive Annual Rental Increases | This Take 5 Oil Change investment offers a compelling long-term revenue stream, enhanced by annual 1.50% rental increases. This structured growth provides investors with a built-in hedge against inflation, ensuring steady appreciation in rental income over the full lease term.
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