9521 Mansfield - Auto Repair FOR SALE


Shreveport, LA 71118
$1,538,462 USD
332-345-4222
9521 Mansfield, Shreveport, LA for Sale
$1,538,462 USD
Auto Repair - FOR SALE
1/2
null | 6.5% Cap Rate

9521 Mansfield
Shreveport, LA 71118


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback.
  • Corporate Guarantee from Driven Systems, LLC.
  • Attractive Rental Increases | 1.50% Annually Starting Year 2.

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 9521 Mansfield Road in Shreveport, Louisiana. The site consists of roughly 1,445 rentable square feet of building space on estimated a 1.186-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.

FOR SALE DETAILS

PRICE

$1,538,462 USD

PRICE/SF

$1,065 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

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

2023

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

161404-033-0002-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.