Listed by SURMOUNT
$2,181,818
Take 5 Oil Change
Details
Property Type Retail
Sub Type Automotive - oil services
Square Footage 1,828
Cap Rate 5.50%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 2026
Acreage 1.260
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
About This Property for Sale
Marketing description
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 11730 Texas 29, Liberty Hill, TX 78642. The site consists of roughly 1,828 rentable square feet of building space on an estimated 1.26-acre parcel of land. 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 $120,000 and has scheduled increases of 1.50% Annually.
Investment highlights
- Excellent Corporate Guarantee from Driven Brands | The lease will be subject to a corporate guarantee from Driven Funding Holdco, LLC. Driven Funding Holdco, LLC is comprised of over 3,500 franchisee and corporate operated Take 5 Oil Changes as well as the royalty revenue streams of Driven Brands' other franchisees such as Meineke, Maaco, CARSTAR, Merlin, Econo Lube, and others.
- Incredibly Strong Demographic Growth Trends | The trade area is growing fast, with population and households both up roughly 13–16% from 2020–2025 across the 3- and 5-mile rings, nearly double typical suburban growth rates. That momentum is projected to continue through 2030, alongside rising household incomes ($151K–$160K), pointing to a durable, increasingly affluent customer base for the site.
- Income Tax-Free State | The subject property benefits from its location in Texas, an income tax-free state. Ownership of an asset in an income-tax free state can provide several benefits to landlords, providing greater incentive for investment. Discuss with a Certified Public Accountant for further details.
- Excellent Positioning on Highly Active Freeway | The Subject Property benefits from prime frontage on U.S Hwy 29, a well-trafficked roadway carrying an average daily traffic count of over 30,000 vehicles. This high-visibility, high-traffic location ensures consistent exposure to both local commuters and regional drivers, reinforcing the durability and long-term visibility of the site.
- Recession-Resistance Service | Quick oil change businesses provide essential, routine vehicle maintenance that consumers prioritize regardless of economic conditions. This makes them highly resilient during downturns, ensuring steady demand and stable cash flow for investors.
- Strong Industry Growth | The U.S. oil change service market size is valued at approximately $12 billion and is expected to grow at a CAGR of 5.5% from 2024 to 2030. This growth is driven by an ever-increasing number of cars on the road, a rising demand for oil change services to enhance vehicle performance, and government mandates for timely repair and maintenance of vehicles.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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