Take 5 Oil Change Weslaco, TX

209 N Westgate Dr
Weslaco, TX

Price: $1,111,111
Cap Rate: 5.85%
NOI: $65,000
Building Size: Approx. 1,430 Sq. Ft.
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2023

Investment Overview

  • 2023 Construction. 1,430+/- SF Building on 0.58+/- Acre Site
  • Brand New 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years, Plus (4), 5-Year Options to Renew
  • Superb Traffic Counts & Visibility on Westgate Dr & BUS 83 (45,500+ Combined VPD), Just off Interstate 2 (24,500+ VPD)
  • Directly Across the Street from Extremely High Performing H-E-B
  • Exceptional Demographics – The Avg. HH Income in the 1-, 3-, and 5-mile Radius is All Over $160,000
  • Take 5 has 1,000+ Locations & $1.5B in Revenue and has been Awarded the #1 Spot in Customer Satisfaction for Aftermarket Quick Oil Changes Two Years in a Row
  • Weslaco | The McAllen-Edinburg-Mission MSA is the 5th Largest in Texas | Weslaco Population: 43,864+

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