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Take 5 Oil Change Auto Shop
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170 12th Ave SE, Norman, OK 73071

A single-tenant automotive property has a corporate-guaranteed NNN ground lease with more than 11 years remaining.

Property SizeContact for details
Days on Market6

Property Features for 170 12th Ave SE

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap | The Patel Yozwiak Group
Listed By: Darpan Patel · License #OH SAL.2012000748
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:41PM

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 Marcus & Millichap | The Patel Yozwiak Group

Investment Insights

Based on property information with market context.

This single-tenant auto shop is occupied by Take 5 Oil Change under a corporate-guaranteed triple net ground lease. The lease was recently extended, has 11+ years remaining, and includes built-in rent growth.

The property is an outparcel to Alameda Square shopping center in Norman, Oklahoma. The University of Oklahoma is 1.5 miles away and has more than 40,000 students and staff.

Key Highlights

  • Single‑tenant Take 5 Oil Change auto shop
  • Corporate‑guaranteed triple net ground lease with 11+ years remaining
  • Lease includes built‑in rent growth

Property Analytics

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Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby
249k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 14% Apparel 6% Home Improvements & Furnishings 6%
Chick-fil-A Dining
38,584 visits/mo 0.2 miles
McDonald's Dining
29,780 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
27,912 visits/mo 0.1 miles
Dollar Tree Shops & Services
19,338 visits/mo 0.0 miles
Homeland Groceries
13,597 visits/mo 0.3 miles

Demographics for 73071, OK

43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Take 5 Oil Change — 170 12th Ave SE, Norman, OK 73071
  • Auto Medic Mechanic LLC — address - we come to you!, 129 West Gray St #161 Parcel, Norman, OK 73069
  • Texas Tires Norman — 1300 E Alameda St, Norman, OK 73071
  • AtoZ AutoBody and Restoration — 101 Andover Dr, Norman, OK 73071
  • School House Cycle — 222 s porter ave, norman, ok 73071

Frequently Asked Questions

What type of property is this?
Auto shop - A single-tenant automotive property has a corporate-guaranteed NNN ground lease with more than 11 years remaining.
Where is this auto shop located?
The property is located at 170 12th Ave SE Norman, OK.
What is the asking price?
The asking price for this property is $1,033,400.
What are key features of this property?
This property features: Single‑tenant Take 5 Oil Change auto shop; Corporate‑guaranteed triple net ground lease with 11+ years remaining; Lease includes built‑in rent growth
More about this property
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