Triple-Net Auto Service
For Sale
Contact for pricing
1108 Creswell Ln, Opelousas, LA 70570
Auto service building offered for sale in a 15-year absolute NNN lease with scheduled annual rent increases.
Property Size2,600 SF
Lot Size0.42 Acres
Days on Market122
Property Features for 1108 Creswell Ln
General Information
Standard status
Active
Size
2,600 SF
Lot size
0.42 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:01AM
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.
Marcus & Millichap presents the exclusive sale offering for Take 5 Oil Change at 1108 Creswell Lane in Opelousas, LA. The property consists of an approximately 2,600 rentable-square-foot building on an estimated 0.42-acre parcel.
The investment is subject to a 15-year absolute triple-net (NNN) lease, commencing at the close of escrow. Annual rent is $74,000, scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.
This is a leased, income-producing automotive property structured as an absolute NNN investment for long-term hold investors or buyers seeking stabilized cash flow under an extended lease term.
The investment is subject to a 15-year absolute triple-net (NNN) lease, commencing at the close of escrow. Annual rent is $74,000, scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.
This is a leased, income-producing automotive property structured as an absolute NNN investment for long-term hold investors or buyers seeking stabilized cash flow under an extended lease term.
Key Highlights
- Take 5 Oil Change auto service building at 1108 Creswell Lane, Opelousas, LA
- Approximately 2,600 rentable SF on an estimated 0.42‑acre parcel
- Subject to a 15‑year absolute triple‑net (NNN) lease, commencing at close of escrow
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Auto shop - Auto service building offered for sale in a 15-year absolute NNN lease with scheduled annual rent increases.
Where is this auto shop located?
The property is located at 1108 Creswell Ln Opelousas, LA.
What are key features of this property?
This property features: Take 5 Oil Change auto service building at 1108 Creswell Lane, Opelousas, LA; Approximately 2,600 rentable SF on an estimated 0.42‑acre parcel; Subject to a 15‑year absolute triple‑net (NNN) lease, commencing at close of escrow
