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24464471
24464470

1096 N Main St, Vidor, TX 77662

GK
NY 49KU1129178
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
AH
NY: 10401334976
SURMOUNT
GP
NY 10401370688
SURMOUNT
JM
NY NY 10401389686
SURMOUNT
Listed by SURMOUNT
$1,813,945
332 days on market
Updated 44 days ago

Take 5 Oil Change

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,683
Cap Rate 5.75%
NOI $104,302
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Remaining Term 20
Year Built 2025
Acreage 0.440
Tenant Credit Corporate Guarantee
Ground Lease No

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.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
AH
NY: 10401334976
SURMOUNT
GP
NY 10401370688
SURMOUNT
JM
NY NY 10401389686
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,302.00
$8,691.83/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Brian Brockman
License
701472
Brokerage
Bang Realty-Texas, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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