Take 5 Oil Change Norman, OK

170 12th Avenue Southeast
Norman, OK

Price: $1,078,000
Cap Rate: 5.75%
NOI: $62,000
Building Size: Approx. 1,600 Sq. Ft.
Lot Size: Approx. 0.66 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2018

Investment Overview

  • 2018 Construction. 1,600+/- SF Building on 0.66+/- Acre Site
  • 15 Years Remaining on 20 Year Ground Lease w/ (4) 5-Year Options to Renew
  • Excellent Location off of Hwy 77/12th Ave Near the Intersection of Alameda St & 12th Ave (30K Combined VPD)
  • Subject Property is Located in a Dense Retail Corridor Near Raising Cane’s, McDonald’s, Chick-fil-A, & More
  • Trophy Investment Property Near the Campus of the University of Oklahoma (29K Students & 3K Employees)
  • Take 5 is a Leading Quick Lube Service Provider w/ 800 Locations and is Growing Rapidly
  • Norman | 3rd Largest City in Oklahoma | Population: 128,000+

Copyright © 2024 Secure Net Lease.