2801 Justin Rd - Freestanding FOR SALE
Flower Mound, TX 75028 |
$2,090,909 USD
203-253-9455
2801 Justin Rd
Flower Mound, TX 75028
HIGHLIGHTS
- Long-Term 20-Year NNN Sale-Leaseback | The subject investment property will feature a brand new 20-year lease
- Strong Corporate Guarantee | This lease will be subject to a strong corporate guarantee from Driven Funding Holdco, LLC, (3,500+ Units).
- Absolute Triple-Net (NNN) Lease | The subject investment property will feature an absolute triple-net (NNN) lease, with zero landlord responsibilities
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 2801 Justin Road, Flower Mound, Texas 75028. The site consists of roughly 1418 rentable square feet of building space on an estimated 0.47-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 $115,000 and has scheduled increases of 1.50% Annually.
FOR SALE DETAILS
PRICE
$2,090,909 USD
PRICE/SF
$1,475 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
11
LAND DETAILS
LAND ACRES
0.47 AC
LAND SF
20,473 SF
ZONING
LI
APN/PARCEL ID
R210772
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203-253-9455
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203-253-9455
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