For Sale

Take 5 Oil Change

1624 Spencer Hwy,
South Houston, TX 77587
Represented by
Trinity Real Estate Investment Services

Asset Snapshot

Regional Mall
Retail Subtype
2002
Year Built
2020
Year Renovated
0.55 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

tbd


Investment Highlights

  • Houston MSA Take 5 Oil Change With 9+ Years Remaining on Current Term
  • Corporately Guaranteed Absolute NNN With 10% Rental Increases That Occur Every 5 Years, With Next Increase on 1/28/2030
  • Extremely Dense Demographics with 162,000 Residents in a 3-Mile Radius and Growing at a 1.10% Annual Growth Rate
  • High Visible Frontage on Spencer Hwy With Nearly 31,000 Vehicles Passing Daily With Two Points of Ingress/Egress and Designated Left Turn Lane.
  • Spencer Hwy is a Core East-West Corridor, Linking South Houston, Pasadena, Deer Park, and La Porte With Substantial Retail and Residential Growth
  • Located in Dense Retail Corridor Anchored by Mi Tienda (HEB), Fiesta Mart, Food Town, and More
  • Strong Built in Customer Base - Surrounded by Several Apartment Complexes, Including Newly Built $11M Territory at Genoa, and Several Schools
  • Situated on 0.55 AC With Large 3-Bay Take 5 Build & Below-Market Rent Provides Security and Strong Covered Land Play Potential

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,742,760
Asking Price

Investment Sales Broker

Austin Walsh
Trinity Real Estate Investment Services