Take 5 Oil Change | 100 Christopher Xing
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Take 5 Oil Change 100 Christopher Xing
3,808 SF 4-Star Retail Building Van Wert, OH 45891 £912,859 (£240/SF) 6% Net Initial Yield
Investment Highlights
- Long-Term 20-Year NNN Sale-Leaseback
- Absolute Triple Net (NNN) Lease
- Strong Corporate Guarantee
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil
Change located at 100 Christopher Crossing, Van Wert, OH
45891. The site consists of roughly 1,418 rentable square feet of
building space on an estimated 0.462-acre parcel of land. This
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 $70,000 and has scheduled increases of 1.50% annually.
Change located at 100 Christopher Crossing, Van Wert, OH
45891. The site consists of roughly 1,418 rentable square feet of
building space on an estimated 0.462-acre parcel of land. This
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 $70,000 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,808 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
£912,859
Price Per SF
£240
Net Initial Yield
6%
NOI
£54,772
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
0.46 AC
Parking
24 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 12-030476.9400 | Improvements Assessment | £0 |
Land Assessment | £1,127 | Total Assessment | £1,127 |
PROPERTY TAXES
Parcel Number
12-030476.9400
Land Assessment
£1,127
Improvements Assessment
£0
Total Assessment
£1,127
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Take 5 Oil Change | 100 Christopher Xing
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