Take 5 Oil Change | SEC Perryton Pkwy & E 28th Ave
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Take 5 Oil Change SEC Perryton Pkwy & E 28th Ave
1,392 SF Retail Building Pampa, TX 79065 £1,253,280 (£900/SF) 6.25% Net Initial Yield
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
- Attractive Rental Increases | 1.50% Annually Starting Year 2
- Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at SEC Perryton Pkwy & E 28th Ave in Pampa Texas. The site consists of roughly 1,392 rentable square feet of building space on estimated 0.33-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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,392 SF
Building Class
B
Year Built
2024
Price
£1,253,280
Price Per SF
£900
Net Initial Yield
6.25%
NOI
£78,330
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.33 AC
Parking
5 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
84 ft on East 28th Avenue
Amenities
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Take 5
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Take 5 | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 110302800710080000000 | Improvements Assessment | £0 |
| Land Assessment | £5,937 | Total Assessment | £5,937 |
PROPERTY TAXES
Parcel Number
110302800710080000000
Land Assessment
£5,937
Improvements Assessment
£0
Total Assessment
£5,937
Contacts
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Francis Purritano -
Gordon Pollock -
NNN Pro Group
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Take 5 Oil Change | SEC Perryton Pkwy & E 28th Ave
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