Quick Lube
116 W State Hwy 152 Mustang, OK 73064
116 W State Hwy 152, Mustang, OK, 73064
Contact for pricing
For Sale
Contact for pricing
Pending
Built in 1996, a 2,498 SF quick lube available via sale-leaseback with an absolute triple-net lease term.
Property Size2,498 SF
Days on Market102
Property Features for 116 W State Hwy 152
General Information
- Standard status
- Pending
- Size
- 2,498 SF
- Property subtype
- Retail
Listing Agency
SVN | Silveri Company
(616) 949-6168
Listed by
Peter Colvin · License #MI 6501197270
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 5:30 pm Checked: Jul 20 at 5:30 pm
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 SVN | Silveri Company
Investment Insights
Based on property information with market context.
This sale-leaseback features a built-in-1996 quick lube totaling 2,498 SF. The current owner will lease back the location for 15 years on an absolute triple-net basis. The NNN lease includes annual rent increases, and the operator is Stribco Inc.
Stribco Inc is an owner/operator of six Service Pro-branded locations, and the owner has experience operating 42 oil change locations across the Midwest. The property is in Mustang, Oklahoma, about 18 miles southwest of Oklahoma City, and is surrounded by national retailers including CVS, Walgreens, O’Reilly Auto Parts, Sonic, NAPA Auto, Freddy’s, Pizza Hut, and Arby’s, along with additional local retailers.
The offering is part of a larger sale-leaseback program, which may allow additional locations to be added for a larger 1031 or portfolio purchase. A recent Phase 1 report is available, and the OK broker of record is Sterling Scott.
Stribco Inc is an owner/operator of six Service Pro-branded locations, and the owner has experience operating 42 oil change locations across the Midwest. The property is in Mustang, Oklahoma, about 18 miles southwest of Oklahoma City, and is surrounded by national retailers including CVS, Walgreens, O’Reilly Auto Parts, Sonic, NAPA Auto, Freddy’s, Pizza Hut, and Arby’s, along with additional local retailers.
The offering is part of a larger sale-leaseback program, which may allow additional locations to be added for a larger 1031 or portfolio purchase. A recent Phase 1 report is available, and the OK broker of record is Sterling Scott.
Key Highlights
- 2,498 SF quick lube built in 1996 available via sale‑leaseback.
- 15‑year absolute triple‑net (NNN) lease with annual rent increases included.
- Tenant is Stribco Inc, owner/operator of six Service Pro‑branded quick lube locations.
Property Analytics
Location Intelligence
Current Use by Public Records
Outlaw Quick Lubes ...
Auto Repair Shop
Strickland Brothers 10 ...
Auto Repair Shop
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FAQs
What type of property is this?
Auto shop - Built in 1996, a 2,498 SF quick lube available via sale-leaseback with an absolute triple-net lease term.
Where is this auto shop located?
The property is located at 116 W State Hwy 152 Mustang, OK.
What are key features of this property?
This property features: 2,498 SF quick lube built in 1996 available via sale‑leaseback.; 15‑year absolute triple‑net (NNN) lease with annual rent increases included.; Tenant is Stribco Inc, owner/operator of six Service Pro‑branded quick lube locations.
