Take 5 Oil Change NNN Property For Sale — South Houston, TX
2035 Remaining Ter, South Houston, TX
This Take 5 Oil Change NNN property in South Houston, TX, presents an exceptional investment opportunity. Built in 2002, the 2,370 SF building is situated on 0.55 acres. The property offers stable income potential with a 5.3% cap rate and an asking price of $1,948,570, making it an attractive option for investors seeking quality commercial properties, including those involved in 1031 exchanges. Take 5 Oil Change is a nationally recognized brand, ensuring predictable cash flow with minimal landlord responsibilities due to the absolute NNN lease structure where the tenant handles property taxes, insurance, and maintenance. The South Houston location benefits from strong local demographics and excellent visibility and accessibility, solidifying its appeal as a robust investment.
- Address: 2035 Remaining Ter, South Houston, TX
- Asking price $1.95M
- 5.30% cap rate
- NOI $102,300
- 9.1 years remaining
- NNN lease
- Year built: 2002
- Building size: 2,370 SF
- Lot size: 0.55 acres
- Lease expiration: Jan 27, 2035
- Rent increases: 2030-01-28
- Guarantor: Corporate
Location
This Take 5 Oil Change property is at 2035 Remaining Ter in South Houston, Texas.
Asset type: Retail/Auto Shop