Take 5 Oil Change | 9341 N 129th East Ave
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Take 5 Oil Change 9341 N 129th East Ave
1,418 SF Retail Building Owasso, OK 74055 £1,314,516 (£927/SF) 6.25% Net Initial Yield
Investment Highlights
- At closing the tenant will execute a brand-new 20-year absolute triple-net lease. The lease will have no landlord responsibilities.
- Driven Funding Holdco, LLC (~3,500 Units)
- The lease will feature 1.5% annual rental increases and four (4), five (5) year renewal options.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 9341 N 129th E Ave, Owasso, OK 74055. The site consists of roughly 1,418 rentable square feet of building space on an estimated 1.66- 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 $105,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,418 SF
Building Class
C
Year Built
2024
Price
£1,314,516
Price Per SF
£927
Net Initial Yield
6.25%
NOI
£82,157
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
1.66 AC
Nearby Major Retailers
1 of 3
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Take 5 Oil Change | 9341 N 129th East Ave
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