1224 E Main St | Alice, TX 78332
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- LoopNet Team
1224 E Main St
Alice, TX 78332
Take 5 Oil Change · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN Corporate ground lease with 10% rental increases every five (5) years including option periods
- New high-quality 2023 construction featuring three (3) bays, deliverable well below replacement cost
- Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3 billion in system-wide sales)
- No landlord management, ideal for an out-of-area or passive investor
- Take 5 Oil Change is ranked in Entrepreneur magazine’s 2022 list of the Fastest-Growing Franchises
- Texas is an income tax-free state
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,421 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.79 AC
Parking
28 Spaces (19.7 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 11015-147-000-00 | Improvements Assessment | $197,223 |
| Land Assessment | $324,000 | Total Assessment | $521,223 |
PROPERTY TAXES
Parcel Number
11015-147-000-00
Land Assessment
$324,000
Improvements Assessment
$197,223
Total Assessment
$521,223
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