Take 5 Oil Change & 7 Brew Coffee Red Oak, TX

131 E Ovilla Rd
Red Oak, TX

Price: $2,586,500
Cap Rate: 5.60%
NOI: $145,000
Building Size: Approx. 1971 Sq. Ft.
Lot Size: Approx. 1.56 Acres
Type: Multi-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2024

Investment Overview

  • 2024 Construction. 1,971+/- SF Building on 1.56+/- Acre Site
  • Brand New, 15 Year NNN Ground Leases with 10% Rental Increases Every 5 Years
  • Large 1.56 Acre Parcel Located on a Major Signalized Intersection with 20,000+ VPD
  • High Growth Suburb of Dallas with 41.75% Population Increase Since 2020
  • Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
  • Take 5 has over 1,000 Locations & Over $3B in Revenue – Awarded the #1 Spot for Customer Satisfaction for Quick Oil Changes
  • Red Oak | 47.75% Population Increase Since 2020 | MSA Population: 8,100,000+

Copyright © 2024 Secure Net Lease.