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Take 5 Oil Change Auto Shop

2275 Olympic Street, Springfield, OR 97477

For Sale
Contact for pricing

The newly constructed facility is subject to a 15-year absolute NNN lease.

Property SizeContact for details
Days on Market19

Property Features for 2275 Olympic Street

General Information

Standard status Active
Property subtype Retail

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Take 5 Oil Change
Real Estate Included Yes

Additional Details

Automotive Uses quick lube/oil change

Building Details

Buildings 1
Tenancy Single
Listing Agency: Goldman Ryden
Listed By: Lew Goldman · License #ID SP32488
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 4:10PM

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 Goldman Ryden

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Investment Insights

Based on property information with market context.

A newly constructed Take 5 Oil Change facility is planned to open in mid-December 2026. The property is leased on an absolute NNN basis for 15 years, with rent increases of 10% every five years.

The site is at 2275 Olympic Street in Springfield, across from Walmart and near WinCo Foods. The Mohawk Boulevard interchange offers access across the Eugene-Springfield area, and the University of Oregon campus is approximately 4 miles away.

Key Highlights

  • Newly constructed Take 5 Oil Change facility
  • 15‑year absolute NNN lease
  • Rent increases of 10% every five years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office HVAC Service Storage Facility

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

1,013
Businesses Nearby
545k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 22% Shops & Services 20% Groceries 16%
Walmart Superstores
117,975 visits/mo 0.3 miles
WinCo Foods Groceries
61,790 visits/mo 0.2 miles
McDonald's Dining
30,691 visits/mo 0.3 miles
Dollar Tree Shops & Services
29,898 visits/mo 0.1 miles
Albertsons Groceries
27,173 visits/mo 0.4 miles

Demographics for 97477, OR

37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Moxie Mobile RV Tech — 2494 F St, Springfield, OR 97477
  • Alcohol Detection Sytems — 945 28th St g1, Springfield, OR 97477
  • Nightfall auto tinting — 945 28th St e2, Springfield, OR 97477
  • Window Tinting Guys of Springfield — 1261 Centennial Blvd, Springfield, OR 97477, United States
  • Auto Service Express — 1051 Mohawk Blvd, Springfield, OR 97477

Frequently Asked Questions

What type of property is this?
Auto shop - The newly constructed facility is subject to a 15-year absolute NNN lease.
Where is this auto shop located?
The property is located at 2275 Olympic Street Springfield, OR.
What is the asking price?
The asking price for this property is $2,783,000.
What are key features of this property?
This property features: Newly constructed Take 5 Oil Change facility; 15‑year absolute NNN lease; Rent increases of 10% every five years
(208) 472-2847 Call to check price and availability
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