9728 Sullivan Rd - Auto Repair FOR SALE


Baton Rouge, LA 70818
$1,250,000 USD
415-690-5522
9728 Sullivan Rd, Baton Rouge, LA for Sale
$1,250,000 USD
Auto Repair - FOR SALE
1/6
null | 6% Cap Rate

9728 Sullivan Rd
Baton Rouge, LA 70818


HIGHLIGHTS

  • New 15-year absolute NNN ground lease with corporate guaranty
  • 10% rental increases every five (5) years in initial term and option periods, providing a long-term income generator
  • Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with $5.3B+ in system-wide sales)
  • Adjacent to Walmart Supercenter
  • High-visibility and easily accessible location along Sullivan Road, a major north-south Baton Rouge thoroughfare (29,216 AADT)
  • New high-quality 2023 construction built to latest Take 5 Oil Change prototype

OVERVIEW

Exceptional Visibility and Access: This Take 5 Oil Change has a high-visibility and easily accessible location along Sullivan Road, a major north-south Baton Rouge thoroughfare (29,216 AADT) Ideally Set in a Large Retail Corridor: The property is surrounded by notable tenants such as Walmart Supercenter, ALDI, CVS, Raising Cane’s, Five Guys, Popeyes, Jack in the Box, Starbucks, and many more, creating significant crossover shopping Beneficial Proximity to Housing Developments: The site greatly benefits from its proximity to high-density single-family housing developments such as The Settlement on Shoe Creek (over 479 homesites, 250 apartments, 100 Assisted Living Units, numerous parks, and 150,000+ SF of commercial space) Large and Reliable Customer Base: 55,582 residents live within a five-mile radius of the site, while an excellent average annual household income of $117,459 within a three-mile radius of the property provides an affluent demographic Growing Demographics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise Take 5 Oil Change and Baton Rouge for steady concurrent growth

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$880 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change Ground Lease | Corporate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,421 SF

ZONING

-

APN/PARCEL ID

03608573

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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