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Take 5 (Eligible for Bonus Depreciation)

5012 Rigsby Ave, San Antonio, TX 78222

Listing Price: $2,120,000

Cap Rate
6.25%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
6.5
Gross SF
2,160
Guarantor
Corporate Guarantee
Rentable SF
2,160
Price/Gross SF
$981.48
Lease Type
Absolute Net
Rent Per Square Feet
$61.34

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Take 5 Oil Change in San Antonio, TX. The property consists of a 2,160-square-foot, freestanding building that sits on approximately 0.34 acres of land. There are 6.4 years remaining on the lease with 2% rental increases every year.

Investment Highlights

  • Absolute Net Lease with 6.4 Years Remaining - Attractive Annual Rent Increases
  • Excellent Visibility and Access on Rigsby Avenue (16,371 Vehicles per Day)
  • More Than 168,172 Residents (Five-Mile Radius)
  • Take 5 Opened 1,000th Location in 2023; 1,400% Growth Since 2016 Acquisition
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Exclusively Listed By

Auto Service - Gas-Conv

Take 5 (Eligible for Bonus Depreciation)

Listing Price: $2,120,000

Cap Rate
6.25%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
6.5
Gross SF
2,160
Guarantor
Corporate Guarantee
Rentable SF
2,160
Price/Gross SF
$981.48
Lease Type
Absolute Net
Rent Per Square Feet
$61.34

Investment Highlights

  • Absolute Net Lease with 6.4 Years Remaining - Attractive Annual Rent Increases
  • Excellent Visibility and Access on Rigsby Avenue (16,371 Vehicles per Day)
  • More Than 168,172 Residents (Five-Mile Radius)
  • Take 5 Opened 1,000th Location in 2023; 1,400% Growth Since 2016 Acquisition
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Take 5 Oil Change in San Antonio, TX. The property consists of a 2,160-square-foot, freestanding building that sits on approximately 0.34 acres of land. There are 6.4 years remaining on the lease with 2% rental increases every year.

Exclusively Listed By

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