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Take 5 Oil Change 100 Christopher Xing

3,808 SF 4-Star Retail Building Van Wert, OH 45891 $1,653,715 CAD ($434 CAD/SF) 6% Cap Rate

Investment Highlights

  • Long-Term 20-Year NNN Sale-Leaseback
  • Absolute Triple Net (NNN) Lease
  • Strong Corporate Guarantee

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil
Change located at 100 Christopher Crossing, Van Wert, OH
45891. The site consists of roughly 1,418 rentable square feet of
building space on an estimated 0.462-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 $70,000 and has scheduled increases of 1.50% annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,808 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$1,653,715 CAD
Price Per SF
$434 CAD
Cap Rate
6%
NOI
$99,223 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.46 AC
Parking
24 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
208 ft on North Washington Street

Amenities

  • Signage
  • Air Conditioning

Nearby Major Retailers

Woodforest National Bank
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-030476.9400
Land Assessment
$2,041 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,041 CAD
  • Listing ID: 34162010

  • Date on Market: 2024-12-11

  • Last Updated:

  • Address: 100 Christopher Xing, Van Wert, OH 45891

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