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Automotive Oil Change NNN
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1008 E TARPON AVE, Tarpon Springs, FL 34689

Take 5 Oil Change with a new 15-year absolute NNN lease at a signalized intersection.

Property Size2,880 SF
Price / SF$640.97
Days on Market51

Property Features for 1008 E TARPON AVE

General Information

Standard status Active
Size 2,880 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $120,000

Site & Location

Traffic Count 73,871 vehicles/day
Highway Access Yes

Building Details

Year Built 1999
Year Renovated 2022
Stories 1
Tenancy Single
Listing Agency: Wertz Real Estate Investment
Listed By: John Wertz · License #CA 01448585
Source: Crexi
Added: Jul 16 Changed: Sep 3 Last Checked: Aug 31 at 7:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wertz Real Estate Investment

Investment Insights

Based on property information with market context.

The subject property is a Take 5 Oil Change located at 1008 E Tarpon Ave, Tarpon Springs, FL. The sale includes a new 15-year absolute NNN lease featuring 10% rental increases every 5 years during the primary term and throughout the (4) 5-year option periods. The property size is 2,880 square feet.

Positioned at the signalized intersection of US Highway 19 and E. Tarpon Avenue, the site is supported by heavy daily traffic, with 73,871 vehicles per day along US Hwy 19 and 25,510 vehicles per day along E. Tarpon Avenue. The immediate trade area is surrounded by national and regional retailers, including Walmart Supercenter, Publix, Lowe’s, Home Depot, CVS, AutoZone, Goodyear, Chase Bank, Bank of America, Circle K, and Wawa, along with quick-service dining such as Taco Bell, Arby’s, McDonald’s, Burger King, Dunkin’, IHOP, Firehouse Subs, and Wendy’s.

The trade area is described as approximately 144,777 residents within a 5-mile radius, with an average household income of $94,091. The provided materials also note projected 5-mile population growth by 2030 of 6.3%, along with household growth within the 3-mile radius projected at 4.4%.

Key Highlights

  • Take 5 Oil Change built in 1999
  • New 15‑year absolute NNN lease with 10% rental increases every 5 years during the primary term and four 5‑year option periods
  • Located at the signalized intersection of US Highway 19 and E. Tarpon Avenue

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Building Supply Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

73,871 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Burger King Dining
10,122 visits/mo 0.4 miles
IHOP Dining
6,269 visits/mo 0.5 miles
Firehouse Subs Dining
1,889 visits/mo 0.4 miles
Westshore Pizza Dining
1,669 visits/mo 0.3 miles
Smoothie King Dining
1,295 visits/mo 0.4 miles

Demographics for 34689, FL

27,436
Population
14,193
Households
1.9
Avg Household Size
53
Median Age
32%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
2,588
Density / Sq Mi
$66,523
Median Household Income
$45,294
Median Earnings
$1,207
Median Rent
$311,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Tarpon City Tire & Auto 40200 US Hwy 19 N, Tarpon Springs, FL 34689
  • Family Auto Service Center 40200 US Hwy 19 N, Tarpon Springs, FL 34689
  • Freddy Automotive $3 Car Wash 40200 US Hwy 19 N, Tarpon Springs, FL 34689
  • Mavis Tires & Brakes 40200 US Hwy 19 N, Tarpon Springs, FL 34689
  • BBT Auto Co Inc 40440 US Hwy 19 N, Tarpon Springs, FL 34689

Frequently Asked Questions

What type of property is this?
Auto shop - Take 5 Oil Change with a new 15-year absolute NNN lease at a signalized intersection.
Where is this auto shop located?
The property is located at 1008 E TARPON AVE Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $1,846,000.
What are key features of this property?
This property features: Take 5 Oil Change built in 1999; New 15‑year absolute NNN lease with 10% rental increases every 5 years during the primary term and four 5‑year option periods; Located at the signalized intersection of US Highway 19 and E. Tarpon Avenue
(619) 218-6427 Call to check price and availability
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