Take 5 Oil Change | 4321 Ross Ave
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Take 5 Oil Change 4321 Ross Ave
1,500 SF Retail Building Dallas, TX 75204 $2,455,381 CAD ($1,637 CAD/SF) 5.15% Cap Rate
Investment Highlights
- 15-year absolute NNN corporate ground lease with 10% rental increases every 5 years
- Hard corner location just 0.5 miles outside of Downtown Dallas
- Dallas-Fort Worth is home to the 4th largest concentration of Fortune 500 companies in the country
- Lease guaranteed by Driven Systems, LLC, a subsidiary of Driven Brands, Inc.
- Zero maintenance/expense obligations for the landlord making this a truly “hands-off” investment
- Located directly across from Ross + Peak – a 250-unit luxury apartment complex
Executive Summary
A 15-year absolute NNN corporate ground lease Take 5 with 10% rental increases every 5 years in the Dallas-Fort Worth MSA, which is home to the 4th largest concentration of Fortune 500 companies in the United States. Hard corner location just 2.5 miles outside of Downtown Dallas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Year Built
2024
Construction Status
Under Construction
Price
$2,455,381 CAD
Price Per SF
$1,637 CAD
Cap Rate
5.15%
NOI
$126,421 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
0.26 AC
Walk Score ®
Very Walkable (86)
Nearby Major Retailers
1 of 4
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Take 5 Oil Change | 4321 Ross Ave
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