Take 5 Oil Change
For Sale
Contact for pricing
1738 S Broadway, Minot, ND 58701
NNN leased Take 5 Oil Change in Minot, North Dakota.
Property Size1,661 SF
Price / SF$949.43
Days on Market173
Property Features for 1738 S Broadway
General Information
Standard status
Active
Size
1,661 SF
Total Parking Spaces
13
Property subtype
Retail
Zoning
C2: General Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$108,000
Building Details
Year Built
1959
Year Renovated
2024
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Calvin Short · License #01927216
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 11 at 7:13AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property is an absolute NNN leased Take 5 Oil Change investment property in Minot, North Dakota. A brand-new, 15-year lease with four 5-year options to extend will be signed at the close of escrow. The lease features 6% rental increases at the end of year five and then annual 1.5% rental increases for the remainder of the initial term and throughout each option period. The lease is absolute NNN with zero landlord responsibilities. Take 5 Oil Change is located at the intersection of South Broadway and 18th Avenue, which sees a combined total of 30,200 vehicles per day. South Broadway is the major retail thoroughfare serving the city of Minot. The asset is less than 2 miles from Dakota Square Mall, a 757,513-square-foot regional shopping mall. Take 5 Oil Change is in close proximity to car dealerships and other auto service providers, positioning the asset in an ideal location for capturing overflow and cross-service customers. The asset is located in a primary retail corridor. The site is located five minutes from Minot State University, which has over 2,000 students, increasing consumer traffic from students, faculty, and staff. The 5-mile trade area is supported by a population of over 53,000 and 36,000 employees, with an average household income of $102,823. The property size is 1,661 square feet.
Key Highlights
- Brand‑new, 15‑year absolute NNN lease with Take 5 Oil Change, providing a long‑term, stable income stream.
- Zero landlord responsibilities, offering a completely passive, management‑free investment.
- Strategic location at a high‑traffic intersection (30,200 VPD) on South Broadway, the major retail thoroughfare in Minot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58701, ND
32,517
Population
16,267
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
138
Density / Sq Mi
$75,329
Median Household Income
$46,695
Median Earnings
$875
Median Rent
$270,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Premier Auto Care Center — 2 20th Ave SE, Minot, ND 58701
- Smitty's Repair, Inc. — 306 20th Ave SE, Minot, ND 58701
- Big O Tires — 701 21st Ave SE, Minot, ND 58701
- Cadillac Service Center — 1111 20th Ave SW, Minot, ND 58701
- Service Center - Buick GMC — 1111 20th Ave SW, Minot, ND 58701
Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Take 5 Oil Change in Minot, North Dakota.
Where is this auto shop located?
The property is located at 1738 S Broadway Minot, ND.
What is the asking price?
The asking price for this property is $1,577,000.
What are key features of this property?
This property features: Brand‑new, 15‑year absolute NNN lease with Take 5 Oil Change, providing a long‑term, stable income stream.; Zero landlord responsibilities, offering a completely passive, management‑free investment.; Strategic location at a high‑traffic intersection (30,200 VPD) on South Broadway, the major retail thoroughfare in Minot.
