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Take 5 Oil Change NNN Ground Lease
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For Sale
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3821 W Elm St, Tyler, TX 75702

Lease terms include rent increases every five years during the primary term and renewal options.

Property SizeContact for details
Days on Market2

Property Features for 3821 W Elm St

General Information

Standard status Active
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: Hunington Properties Inc.
Listed By: Sandy Aron · License #218898
Source: Moodyscre
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:26AM

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 Hunington Properties Inc.

Investment Insights

Based on property information with market context.

This absolute NNN ground lease is occupied by Take 5 Oil Change, with more than 12.5 years remaining in the lease term. Rent increases by 10% every five years during the primary term and renewal options.

The property is on West Elm Street in Tyler, within a retail corridor that includes Walmart, Popeyes, ALDI, IHOP, Chase Bank, McDonald’s and Walgreens.

Key Highlights

  • Absolute NNN ground lease occupied by Take 5 Oil Change
  • More than 12.5 years of lease term remaining
  • 10% rent increases every 5 years during the primary term and renewal options

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Dental Office Bakery

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

316
Businesses Nearby
372k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Superstores 27% Shops & Services 19% Groceries 12%
Walmart Superstores
98,763 visits/mo 0.2 miles
Super 1 Foods & Pharmacy Groceries
25,952 visits/mo 0.3 miles
McDonald's Dining
23,445 visits/mo 0.2 miles
Murphy USA Shops & Services
20,389 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,125 visits/mo 0.4 miles

Demographics for 75702, TX

26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
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
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Frequently Asked Questions

What type of property is this?
NNN property - Lease terms include rent increases every five years during the primary term and renewal options.
Where is this nnn property located?
The property is located at 3821 W Elm St Tyler, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Absolute NNN ground lease occupied by Take 5 Oil Change; More than 12.5 years of lease term remaining; 10% rent increases every 5 years during the primary term and renewal options
(713) 623-6944 Call to check price and availability
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