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Take 5 Oil Change NNN Property
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1019 E Saunders St, Laredo, TX 78041

Take 5 Oil Change facility subject to an absolute triple-net lease with renewal options.

Property SizeContact for details
Days on Market140

Property Features for 1019 E Saunders St

General Information

Standard status Active
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Edward Otocka · License #NY 10401298466
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:47AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property includes a Take 5 Oil Change building containing roughly 1,418 rentable square feet on an estimated 0.30-acre parcel. It is located at 1019 East Saunders Street in Laredo, Texas.

The asset is subject to a 20-year absolute triple-net lease commencing at the close of escrow. The lease provides 4 additional 5-year renewal options and includes 1.50% annual rent increases. This structure provides a defined lease term and contractual extension periods for the property owner.

Key Highlights

  • Take 5 Oil Change property at 1019 East Saunders Street in Laredo, Texas
  • Roughly 1,418 rentable square feet of building space
  • Estimated 0.30‑acre parcel

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

Demographics for 78041, TX

48,491
Population
16,760
Households
2.9
Avg Household Size
34
Median Age
28%
College-Educated
75%
High-School Grad
17.4 sq mi
ZIP Area
2,787
Density / Sq Mi
$61,007
Median Household Income
$29,739
Median Earnings
$956
Median Rent
$216,700
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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Frequently Asked Questions

What type of property is this?
NNN property - Take 5 Oil Change facility subject to an absolute triple-net lease with renewal options.
Where is this nnn property located?
The property is located at 1019 E Saunders St Laredo, TX.
What are key features of this property?
This property features: Take 5 Oil Change property at 1019 East Saunders Street in Laredo, Texas; Roughly 1,418 rentable square feet of building space; Estimated 0.30‑acre parcel
More about this property
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