Listed by SURMOUNT
$1,809,524
Take 5 Oil Change - Brand-New Construction
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,550
Cap Rate 5.25%
NOI $95,000
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Year Built 2026
Acreage 0.940
Tenant Credit Corporate Guarantee
Ground Lease Yes
Ownership Ground Lease
Retail | 5.25% CAP | 0.94 AC
Marketing description
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 6404 McCart Avenue, Fort Worth, TX 76133. The site sits on an estimated .94-acre parcel of land. Take 5 Oil Change is subject to a Brand New 15-Year Ground Lease, which is expected to commence in Q3 2026. The initial annual rent will be $95,000 and there will be scheduled increases of 10.00% Every 5 Years.
Investment highlights
- Brand New 15-Year Absolute NNN Ground Lease | New construction featuring a 15-year absolute NNN ground lease with zero landlord responsibilities. Passive ownership with no exposure to maintenance, capital expenditures, or operating expenses. Construction underway with delivery anticipated in Q3 2026, providing investors with a brand-new asset and full lease term upon commencement.
- Strong Corporate-Backed Tenant with National Scale | Take 5 Oil Change is part of Driven Brands, one of the largest automotive service platforms in North America, operating thousands of locations nationwide. The platform’s scale, acquisition track record, and continued expansion support long-term tenant stability.
- Built-In Rent Growth Enhancing Long-Term Yield | The lease features 10% rental increases every 5 years, driving consistent NOI growth and increasing investor yield over time. The structure provides a natural hedge against inflation and enhances exit pricing through mark-to-market rent progression.
- High-Barrier-to-Entry Infill Location | Situated on a signalized corridor in established South Fort Worth, the property benefits from dense surrounding residential development, limited new retail supply, and strong long-term site fundamentals. Infill locations like this are increasingly difficult to replicate.
Listing Contacts
Listed by SURMOUNT
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,000.00
$7,916.67/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
