Auto Service - Gas-Conv
Take 5 Oil Change
103 N Cesar Chavez Rd, San Juan, TX 78589
Listing Price: $1,024,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Take 5 in San Juan, Texas. The property consists of a 1,620-square-foot, freestanding building that sits on 0.69 acres of land. There are 7.6 years remaining on the current lease term, with 10% rental increases every five years.
Take 5 Oil Change
Investment Highlights
- Ground Lease with 7.6 Years Remaining
- Over 167,374 Residents in a Five-Mile Radius
- Great Visibility Along Cesar Chavez Rd/Expressway 83
- 10 Percent Rental Increases Every Five Years
- Only Four miles from Downtown Pharr, Texas
- Less than Two miles from National Shrine, Basilica of Our Lady of San Juan del Valle
- Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
- Income Tax-Free State
Listing Price: $1,024,000
Investment Highlights
- Ground Lease with 7.6 Years Remaining
- Over 167,374 Residents in a Five-Mile Radius
- Great Visibility Along Cesar Chavez Rd/Expressway 83
- 10 Percent Rental Increases Every Five Years
- Only Four miles from Downtown Pharr, Texas
- Less than Two miles from National Shrine, Basilica of Our Lady of San Juan del Valle
- Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
- Income Tax-Free State
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Take 5 in San Juan, Texas. The property consists of a 1,620-square-foot, freestanding building that sits on 0.69 acres of land. There are 7.6 years remaining on the current lease term, with 10% rental increases every five years.
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