fbpx Skip to Content

Take 5 Oil Change

Walker, Louisiana

Map View

Street View

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 28145 Walker South Road, in Walker, Louisiana. The site consists of roughly 1,414 rentable square feet of building space on estimated 0.50-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Systems, LLC
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options

Key Details

Price:
$1,538,462
Cap Rate:
6.50%
Annual Rent:
$100,000
Address:
28145 Walker South Rd, Walker, Louisiana 70785
Property Type:
Retail
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Close of Escrow
Lease Expiration:
20 Years Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
1.5% Annually
Lot Size:
.51 Acres
Building Size:
1,414 SF
Year Built:
2023
Tenant:
Take 5 Oil Change

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Edward Otocka

License: 10401298466

Amelia Haydock

License: 10401334976

Francis Purritano

License: 10401333619

Gordon Pollock

License: 10401370688

Broker of record

Brian Brockman

Bang Realty, Inc

License: BROK.0995684990-ASA


Similar Properties

available

McAlister's Deli

2293 North Main Street, Walker, Louisiana, 38555

available

Mattituck Car Wash

6565 Main Rd, Walker, Louisiana, 11952

available

KFC

500 Cherry Street, Walker, Louisiana, 35954

available

Popeyes

1680 N 1st St, Walker, Louisiana, 97838