$2,090,909 USD
332-345-4222
590 Farm to Market 548
Forney, TX 75126
Forney/Combine
HIGHLIGHTS
- Long-Term 20-Year NNN Sale-Leaseback | Structured as a sale-leaseback, this offering provides long-term stability with a nationally recognized tenant
- Strong Corporate Guarantee | This Take 5 Oil Change investment is backed by a strong corporate guarantee from Drive Funding Holdco, LLC
- Depreciation Benefit | The subject property qualifies for bonus and accelerated depreciation, providing benefits to landlords.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 590 Farm to Market 548, Forney, Texas 75126. The site consists of roughly 1093 rentable square feet of building space on an estimated 0.87-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
$1,913 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change Sale-Leaseback
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.28 AC
LAND SF
55,768 SF
ZONING
-
APN/PARCEL ID
195209
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332-345-4222
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332-345-4222
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