Take 5 Oil Houston, Texas USA Area

Service Station
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Highlights

  • Price: $1,500,000
  • Tenant: Take 5 Oil
  • Lease type: Triple Net
  • Annual Rent: $82,500
  • Square feet: 1,500
  • Yield ( Cap Rate ): 5.50%
  • Lease Term: 10 years
  • Rent per S.F.: $55.00
  • Extension Options: In lease
  • Rental Increases: 10% every 5 years

Description

The property for sale is a single-tenant Take 5 Oil Change located in the Houston, Texas USA area with 10 years of remaining lease term. This service station property is near a large grocery store, pharmacy, pet supply store and fashion store. The property is also near major corporations and wealthy residents.