Auto Parts
Take 5 Oil Change
1530 W Laurel Ave, Eunice, LA 70535
Listing Price: $1,600,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 1530 West Laurel Avenue in Eunice, Louisiana. The subject property totals approximately 2,00 rentable square feet of building space on a total estimated 0.45-acre parcel of land. The investment is subject to a 15-year absolute triple-net lease, commencing at the close of escrow. The annual rent will be $80,000 and is scheduled to increase by two percent annually throughout the base term and in each of the four, five-year option periods.
Exclusively Listed By
Listing Price: $1,600,000
Investment Highlights
- Long-Term, 15-Year Absolute Triple Net (NNN) Sale-Leaseback
- Corporate Guarantee from Driven Systems, LLC
- Attractive Rental Increases |Two (2.00%) Annually Starting Year 2
- Four, Five-Year Tenant Renewal Options
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 1530 West Laurel Avenue in Eunice, Louisiana. The subject property totals approximately 2,00 rentable square feet of building space on a total estimated 0.45-acre parcel of land. The investment is subject to a 15-year absolute triple-net lease, commencing at the close of escrow. The annual rent will be $80,000 and is scheduled to increase by two percent annually throughout the base term and in each of the four, five-year option periods.
Exclusively Listed By
