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Take 5 Oil Change 4301 College Ave

1,682 SF Retail Building Snyder, TX 79549 $2,388,960 CAD ($1,420 CAD/SF) 6.25% Cap Rate

Retail Buildings Texas Snyder 4301 College Ave, Snyder, TX 79549

Investment Highlights

  • Strong Corporate Guarantee | Driven Funding Holdco, LLC (~3,500 Units).
  • Long Term Lease | 20-Year Absolute Triple Net (NNN) Sale-Leaseback.
  • Attractive Rental Increases | 1.50% Annual Rental Increases.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 4301 College Ave, Synder, TX 79549. The site consists of roughly 1,682 rentable square feet of building space on an estimated 0.76-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 $105,000 and has scheduled increases of 1.50% Annually.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,682 SF
Building Class
C
Year Built
2024
Price
$2,388,960 CAD
Price Per SF
$1,420 CAD
Cap Rate
6.25%
NOI
$149,310 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.76 AC
Parking
11 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
49 ft on College Avenue

Amenities

  • Signage
1 of 1
4301 College Ave, Snyder, TX - aerial map view

Nearby Major Retailers

Anytime Fitness
CrossFit
Prosperity Bank
Rent-A-Center
United Supermarkets

PROPERTY TAXES

Parcel Number 20484 Improvements Assessment $1 CAD
Land Assessment $484,325 CAD Total Assessment $484,327 CAD

PROPERTY TAXES

Parcel Number
20484
Land Assessment
$484,325 CAD
Improvements Assessment
$1 CAD
Total Assessment
$484,327 CAD
(332) 345-4222

Contacts

  • Listing ID: 31642144

  • Date on Market: 2024-04-29

  • Last Updated:

  • Address: 4301 College Ave, Snyder, TX 79549

The Retail Property at 4301 College Ave, Snyder, TX 79549 is currently available for sale. Contact NNN Pro Group for more information.

Nearby Listings

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4301 College Ave, Snyder, TX for sale Building Photo- Image 1 of 3
+ Take 5 Oil - Rep
4301 College Ave, Snyder, TX for sale Aerial- Image 2 of 3
4301 College Ave - Snyder, TX - Aerial

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Take 5 Oil Change | 4301 College Ave
(332) 345-4222 x

Take 5 Oil Change | 4301 College Ave

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(203) 253-9455

(203) 253-9455

Amelia Haydock

(332) 345-2408

(332) 345-2408

Francis Purritano

(332) 345-4311

(332) 345-4311

Gordon Pollock

(332) 345-7294

(332) 345-7294

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