Listed by Resolut RE Austin
$1,389,000
Take5 Oil Change | Investment Sale
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,301
Units 1
Cap Rate 5.40%
NOI $75,000
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Expiration 12/30/2039
Rent Bumps Yes
Price per SqFt $766
Year Built 2025
Buildings 1
Stories 1
Lot Size (SqFt) 10,712
Zoning C3
Parking Spaces 10 spaces
Parking per 1,000 SqFt 7.69
Tenant Credit Corporate Guarantee
Lease Commencement 12/31/2024
Ground Lease Yes
Retail | 5.40% CAP | 1,301 SqFt
Investment highlights
- Ground Lease with 15 year base term plus three 5-year option periods
- 10% base rent increases every five years in the base term and in each of the 3 renewal periods
- No landlord responsibilities. All taxes, insurance, maintenance, repairs, utilities and capital improvements are tenants direct responsibility
- Corporate store, not a franchise
- New construction in 2025
- The HEB grocery store directly across the street experienced 2.7M shopper visits in 2025 which ranks this store as the 58th busiest of all 327 HEB’s in TX (top 18% of all HEB stores) Important to note annual shopper visits at this long-established HEB have increased each of the last three years. (source: Placer.ai)
- The subject property enjoys excellent visibility to all HEB grocery shoppers as well as those at the HEB fuel station
- The 3-tenant retail center adjacent to the east is also available. Please contact broker for additional details.
Listing Contacts
Listed by Resolut RE Austin
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
5.4%
Cap Rate
5.4%
ROI
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