Single-Tenant Oil Change
3620 Monroe Highway Pineville, LA 71360
3620 Monroe Highway, Pineville, LA, 71360
$1,250,000
For Sale
$1,250,000
Ownership of the land is leased to a Take 5 Oil Change under a corporately guaranteed absolute net lease.
Days on Market154
Property Features for 3620 Monroe Highway
General Information
- Standard status
- Active
- Property subtype
- Single Tenant Retail (NNN)
Listing agency
The Silver Group
(415) 461-0600
Listed by
Barry Silver · License #00909347
(415) 461-0600
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 22 at 9:21AM Checked: Jul 22 at 9:21AM
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 The Silver Group
Investment Insights
Based on property information with market context.
The property is offered for sale as ownership of the land under a new, single-tenant Take 5 Oil Change location in Pineville, Louisiana. Driven Systems, LLC, the parent company of Take 5 Oil and related businesses, provides a corporate guarantee of the lease. The tenant constructed all improvements at its expense and retains ownership during the term, and all improvements revert to the landowner at no cost at lease expiration or in the event of default.
The site is located between Walmart Supercenter, Walgreens, and Lowe’s Home Improvement, with additional nearby traffic generators including several well-known retail, restaurant, banking, and automotive service businesses. Proximity also includes Louisiana Christian University, Camp Beauregard, and a Proctor and Gamble industrial facility.
Take 5 operates more than 850 locations in the United States and Canada, providing oil change and related services such as auto fluids, air filters, and wiper blades. The lease is described as having a fifteen-year term with an absolute net structure.
The site is located between Walmart Supercenter, Walgreens, and Lowe’s Home Improvement, with additional nearby traffic generators including several well-known retail, restaurant, banking, and automotive service businesses. Proximity also includes Louisiana Christian University, Camp Beauregard, and a Proctor and Gamble industrial facility.
Take 5 operates more than 850 locations in the United States and Canada, providing oil change and related services such as auto fluids, air filters, and wiper blades. The lease is described as having a fifteen-year term with an absolute net structure.
Key Highlights
- Land ownership leased to a Take 5 Oil Change under a corporately guaranteed absolute net lease
- 15‑year lease term with corporate guarantee by Driven Systems, LLC (parent of Take 5 Oil and related businesses)
- Tenant constructs all improvements at its expense and retains ownership during the tenancy
Property Analytics
Location Intelligence
Current Use by Public Records
Take 5 Oil ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Ownership of the land is leased to a Take 5 Oil Change under a corporately guaranteed absolute net lease.
Where is this nnn property located?
The property is located at 3620 Monroe Highway Pineville, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Land ownership leased to a Take 5 Oil Change under a corporately guaranteed absolute net lease; 15‑year lease term with corporate guarantee by Driven Systems, LLC (parent of Take 5 Oil and related businesses); Tenant constructs all improvements at its expense and retains ownership during the tenancy
