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Auto Service - Gas-Conv

Take-5 Oil Change

9626 Hwy 6, Missouri City, TX 77459

Listing Price: $1,200,000

Cap Rate
5.50%
Tenant Name
Take 5, LLC
Years Remaining On Lease
5.2
Gross SF
1,620
Guarantor
Corporate Guarantee
Rentable SF
1,620
Price/Gross SF
$740.74
Lease Type
Absolute Net
Rent Per Square Feet
$37.04

Investment Overview

Marcus & Millichap is pleased to present this attractive Take 5 Oil Change facility, located at the southwest quadrant of Hwy. 6 (35,000 VPD) and Trammel-Fresno Rd. in Missouri City, TX. Hwy. 6, also known as Texas State Highway 6, runs 476-miles from the Texas-Oklahoma boundary, to northwest of Galveston, TX. This route is a main commercial corridor for various regions in Texas, providing accessibility to a variety of markets and contributing to the growth of those regions, including the immediate trade area. The site is within close proximity of Hightower High School (2,200+ student enrollment), which serves parts of Missouri City and the city of Arcola. The subject property Average Household Incomes is$153,625 within a 3-mile radius with reported population of 67,206 residents within the same radius.

Investment Highlights

  • 5.5 years remaining on Corporate Ground lease with 10% rent increases every 5 years
  • Ideal location, situated adjacent from Starbucks surrounded by numerous national retailors
  • The subject property Average Household Incomes is$153,625 within a 3-mile radius with reported population of 67,206 residents within the same radius.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Service - Gas-Conv

Take-5 Oil Change

Listing Price: $1,200,000

Cap Rate
5.50%
Tenant Name
Take 5, LLC
Years Remaining On Lease
5.2
Gross SF
1,620
Guarantor
Corporate Guarantee
Rentable SF
1,620
Price/Gross SF
$740.74
Lease Type
Absolute Net
Rent Per Square Feet
$37.04

Investment Highlights

  • 5.5 years remaining on Corporate Ground lease with 10% rent increases every 5 years
  • Ideal location, situated adjacent from Starbucks surrounded by numerous national retailors
  • The subject property Average Household Incomes is$153,625 within a 3-mile radius with reported population of 67,206 residents within the same radius.

Investment Overview

Marcus & Millichap is pleased to present this attractive Take 5 Oil Change facility, located at the southwest quadrant of Hwy. 6 (35,000 VPD) and Trammel-Fresno Rd. in Missouri City, TX. Hwy. 6, also known as Texas State Highway 6, runs 476-miles from the Texas-Oklahoma boundary, to northwest of Galveston, TX. This route is a main commercial corridor for various regions in Texas, providing accessibility to a variety of markets and contributing to the growth of those regions, including the immediate trade area. The site is within close proximity of Hightower High School (2,200+ student enrollment), which serves parts of Missouri City and the city of Arcola. The subject property Average Household Incomes is$153,625 within a 3-mile radius with reported population of 67,206 residents within the same radius.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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