Quick Lube and Tire
For Sale
Contact for pricing
Pending
604 E Prospect Ave, Ponca City, OK 74601
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 Market150
Property Features for 604 E Prospect Ave
General Information
Standard status
Pending
Size
3,364 SF
Property subtype
Retail
Additional Details
Service Bays
3
Building Details
Year Built
1996
Tenancy
Single
Listing Agency:
SVN | Silveri Company
Listed By:
Peter Colvin · License #MI 6501197270
(616) 949-6168
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Sep 7 at 8:25AM
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
Property Profile
Current Use
Lease Details
3
Service bays
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74601, OK
18,962
Population
8,924
Households
2.1
Avg Household Size
36
Median Age
15%
College-Educated
89%
High-School Grad
160.4 sq mi
ZIP Area
118
Density / Sq Mi
$48,810
Median Household Income
$33,098
Median Earnings
$860
Median Rent
$94,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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.
