Quick Lube
For Sale
Contact for pricing
Pending
116 W State Hwy 152, Mustang, OK 73064
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 Market147
Property Features for 116 W State Hwy 152
General Information
Standard status
Pending
Size
2,498 SF
Property subtype
Retail
Building Details
Year Built
1996
Listing Agency:
SVN | Silveri Company
Listed By:
Peter Colvin · License #MI 6501197270
(616) 949-6168
Source:
Crexi
Added: Apr 11
Changed: Aug 26
Last Checked: Aug 29 at 2:39PM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
187k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 14%
Home Improvements & Furnishings 7%
Apparel 5%
McDonald's
Dining
28,730 visits/mo
0.2 miles
Braum's Ice Cream & Dairy Stores
Dining
20,968 visits/mo
0.3 miles
Whataburger
Dining
17,150 visits/mo
0.1 miles
SONIC Drive In
Dining
16,632 visits/mo
0.2 miles
Starbucks
Dining
14,602 visits/mo
0.1 miles
Demographics for 73064, OK
25,137
Population
10,285
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
53.7 sq mi
ZIP Area
468
Density / Sq Mi
$93,861
Median Household Income
$51,699
Median Earnings
$1,280
Median Rent
$236,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
