Take 5 Oil Change 100 Christopher Xing

1,418 SF 4-Star Retail Building Van Wert, OH 45891 $1,166,667 ($823/SF) 6% Cap Rate

INVESTMENT HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Absolute Triple Net (NNN) Lease
  • Strong Corporate Guarantee
  • Attractive Annual Rental Increases

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 100 Christopher Crossing, Van Wert, OH 45891. The site consists of roughly 1,418 rentable square feet of building space on an estimated 0.462-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $70,000 and has scheduled increases of 1.50% annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,418 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$1,166,667
Price Per SF
$823
Cap Rate
6%
NOI
$70,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.46 AC
Parking
24 Spaces (16.93 Spaces per 1,000 SF Leased)
Frontage
208 FT on North Washington Street

AMENITIES

  • Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

Woodforest National Bank
Anytime Fitness

PROPERTY TAXES

  • Listing ID: 34625749

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 100 Christopher Xing, Van Wert, OH 45891