Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
$2,480,000
Take 5 Oil Change
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,438
Cap Rate 5.85%
NOI $145,076
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options 6, 5 Year Options
Year Built 2023
Acreage 0.650
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/01/2025
Ground Lease No
Ownership Fee Simple
Fee Simple Land & Building: Qualifies for 100% Bonus/Accelerated Depreciation | New 15-Yr Abs NNN
Marketing description
Founded in 1984, Take 5 Oil Change pioneered the stay-in-your-car oil change, transforming the industry with its fast and simple service model. In 2024 alone, the brand added more than 100 new franchise locations, nearly doubling its franchise footprint in just two years. For the first quarter of 2025 ending March 29, 2025, Take 5 reported revenue growth of 15 percent and same store sales growth of 8 percent. As part of Driven Brands, Take 5 continues to grow its presence across the U.S. and Canada.
El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20 percent U.S. performing economy.
Investment highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Lease
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Corporate Guaranty by 24+ Unit Franchisee
- Dense Trade Area in El Paso - 102,591 Residents within a 5-Mile Radius
- High-Quality 2023 Construction
- Situated Immediately Off the I-10 Freeway with Excellent Frontage Along Woodrow Bean Transmountain Drive (±23,360 Cars per Day)
- Located Across from The Outlet Shoppes at El Paso - ±3.6 Million Visits Over the Past 12 Months per Placer.ai
- Average Household Income Exceeds $105,000 within a 5-Mile Radius
- Immediate Proximity to El Paso Community College's Northwest Campus
Listing Contacts
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
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
$145,076.00
$12,089.67/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Map
Zoning
R-3 ResidentialSingle FamilyLight Density Residential District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 413 uses
View all 413 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
