Quick Lube and Tire
604 E Prospect Ave Ponca City, OK 74601
For Sale
Contact for pricing
Pending
Three-bay quick lube with an additional tire center building, built in 1996, offered as an absolute triple-net sale-leaseback.
Property Size3,364 SF
Days on Market105
Property Features for 604 E Prospect Ave
General Information
- Standard status
- Pending
- Size
- 3,364 SF
- Property subtype
- Retail
Listing Agency:
SVN | Silveri Company
(616) 949-6168
Listed By:
Peter Colvin · License #MI 6501197270
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 12:20PM
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 three-bay quick lube facility built in 1996, totaling 2,100 SF, along with an additional 1,264 SF Tire Center building. The current owner will lease back the location for 15 years on an absolute triple net basis, with annual rent increases included in the NNN lease terms.
The tenant is Stribco Inc, owner/operator of six branded locations with Service Pro products. The property is presented within a larger sale-leaseback program, with the option to add additional locations for a larger 1031 or portfolio purchase.
The site is surrounded by national retailers including Chili’s, Subway, Taco Bell, Dollar General, Hobby Lobby, Burger King, and Sonic, along with several local retailers. A recent Phase 1 report is noted, and the property is in Ponca City, Oklahoma, located between Wichita and Oklahoma.
The tenant is Stribco Inc, owner/operator of six branded locations with Service Pro products. The property is presented within a larger sale-leaseback program, with the option to add additional locations for a larger 1031 or portfolio purchase.
The site is surrounded by national retailers including Chili’s, Subway, Taco Bell, Dollar General, Hobby Lobby, Burger King, and Sonic, along with several local retailers. A recent Phase 1 report is noted, and the property is in Ponca City, Oklahoma, located between Wichita and Oklahoma.
Key Highlights
- Built in 1996, this quick lube includes a 2,100 SF three‑bay shop plus an additional 1,264 SF tire center building.
- Offered as an absolute triple‑net (NNN) sale‑leaseback with the current owner leasing back the location for 15 years.
- Tenant is Stribco Inc (owner/operator of six Service Pro branded locations), and the NNN lease includes annual rent increases.
Property Analytics
Location Intelligence
Current Use by Public Records
Outlaw Quick Lubes ...
Auto Repair Shop
Strickland Brothers 10 ...
Auto Repair Shop
Similar Off Market Nearby
- Stuteville Lincoln of Ponca City — 2415 N 14th St, Ponca City, OK 74601
- Stuteville Ford of Ponca City — 2415 N 14th St, Ponca City, OK 74601
- Stuteville Ford of Ponca City Service — 2415 N 14th St, Ponca City, OK 74601
- Stuteville Lincoln of Ponca City Parts — 2415 N 14th St, Ponca City, OK 74601
- Stuteville Lincoln of Ponca City Service — 2415 N 14th St, Ponca City, OK 74601
FAQs
What type of property is this?
Auto shop - Three-bay quick lube with an additional tire center building, built in 1996, offered as an absolute triple-net sale-leaseback.
Where is this auto shop located?
The property is located at 604 E Prospect Ave Ponca City, OK.
What are key features of this property?
This property features: Built in 1996, this quick lube includes a 2,100 SF three‑bay shop plus an additional 1,264 SF tire center building.; Offered as an absolute triple‑net (NNN) sale‑leaseback with the current owner leasing back the location for 15 years.; Tenant is Stribco Inc (owner/operator of six Service Pro branded locations), and the NNN lease includes annual rent increases.
