1605 W 20th Ave - Auto Repair FOR SALE
Oshkosh, WI 54902 |
$2,041,667 USD
203-253-9455
1605 W 20th Ave
Oshkosh, WI 54902
HIGHLIGHTS
- Long-Term 20-Year NNN Sale-Leaseback | The subject investment property will feature a brand new 20-year lease commencing at the close of escrow
- Strong Corporate Guarantee | This lease will be subject to a strong corporate guarantee from Drive Funding Holdco, LLC, (3,500+ Units)
- 20 Years of Renewal Options | There are 4, 5-year renewal options, providing a secure and long-term source of income
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 1605 West 20th Avenue, Oshkosh, Wisconsin 54902. The site consists of roughly 1420 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $122,500 and has scheduled increases of 1.50% Annually.
FOR SALE DETAILS
PRICE
$2,041,667 USD
PRICE/SF
$1,438 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,136 SF
ZONING
-
APN/PARCEL ID
13-23180000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
203-253-9455
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
203-253-9455
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
