Auto Parts
Take 5 Oil Change
5012 Rigsby Ln, San Antonio, TX 78222
Listing Price: $2,034,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net leased Take 5 Oil Change in San Antonio, Texas. The property consists of a 2,160-square foot, freestanding building that sits on approximately 0.35 acres of land. There are approximately 10.9 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent visibility and access on Rigsby Avenue, where traffic counts exceed 20,278 vehicles per day. The area is extremely dense with more than 156,016 residents and a daytime population of 151,775 residents within a five-mile radius. Surrounding retailers in the immediate area include Walmart, Whataburger, Denny’s, McDonald’s, Taco Bell, QuikTrip, Sonic Drive-In, Advance Auto Parts and many more. With a population of 1.53 million, San Antonio is the second largest city in Texas and the seventh largest city in the United States. San Antonio was the nation’s second fastest-growing city. The San Antonio MSA population has grown by 8% between 2013 and 2018 and is predicted to increase an additional 7% by 2023, with 1.1 million new residents expected by 2040.
Take 5 Oil Change
Investment Highlights
- Superior Lease Structure – Rare 15-Year Triple Net Lease with 2% Annual Rental Increases
- Take 5 Parent Driven Brands Went Public in January 2020, Raising $700 Million in its IPO
- Excellent Visibility and Access on Rigsby Avenue, Where Traffic Counts Exceed 20,278 Vehicles per Day
- More than 156,016 Residents and a Daytime Population of 151,775 Residents Within a Five-Mile Radius
Exclusively Listed By
Financing By
Listing Price: $2,034,000
Investment Highlights
- Superior Lease Structure – Rare 15-Year Triple Net Lease with 2% Annual Rental Increases
- Take 5 Parent Driven Brands Went Public in January 2020, Raising $700 Million in its IPO
- Excellent Visibility and Access on Rigsby Avenue, Where Traffic Counts Exceed 20,278 Vehicles per Day
- More than 156,016 Residents and a Daytime Population of 151,775 Residents Within a Five-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net leased Take 5 Oil Change in San Antonio, Texas. The property consists of a 2,160-square foot, freestanding building that sits on approximately 0.35 acres of land. There are approximately 10.9 years remaining on the current lease term with 2 percent rental increases annually. The property has excellent visibility and access on Rigsby Avenue, where traffic counts exceed 20,278 vehicles per day. The area is extremely dense with more than 156,016 residents and a daytime population of 151,775 residents within a five-mile radius. Surrounding retailers in the immediate area include Walmart, Whataburger, Denny’s, McDonald’s, Taco Bell, QuikTrip, Sonic Drive-In, Advance Auto Parts and many more. With a population of 1.53 million, San Antonio is the second largest city in Texas and the seventh largest city in the United States. San Antonio was the nation’s second fastest-growing city. The San Antonio MSA population has grown by 8% between 2013 and 2018 and is predicted to increase an additional 7% by 2023, with 1.1 million new residents expected by 2040.
Exclusively Listed By
Financing By
