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Take 5 Oil Change Auto Shop
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6424 S Broadway Ave, Tyler, TX 75703

A corporate Take 5 ground lease includes scheduled rent increases and no landlord maintenance duties.

Property Size1,682 SF
Price / SF$1,070
Days on Market6

Property Features for 6424 S Broadway Ave

General Information

Standard status Active
Size 1,682 SF
Property subtype RETAIL

Additional Details

Road Access Yes
Listing Agency: Hunington Properties Inc.
Listed By: Sandy Aron · License #218898
Source: Moodyscre
Added: Oct 2 Changed: Oct 7 Last Checked: Oct 7 at 9:43AM

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 auto shop at 6424 S Broadway Ave in Tyler is subject to a corporate Take 5 Oil Change ground lease. The primary term has more than 12.5 years remaining, and the lease places no maintenance responsibilities on the landlord. Rent increases by 10% every five years during the primary term and renewal options.

The property sits at a signalized corner along S Broadway Ave, identified as a major thoroughfare. Nearby national retailers include Walmart, Target, Chase Bank, Panda Express, AMC, Kohl’s, Academy Sports & Outdoors, Lowe’s and Chick-fil-A.

Key Highlights

  • Corporate Take 5 Oil Change ground lease
  • 12.5+ years remain in the primary term
  • No landlord maintenance responsibilities

Property Analytics

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Current Use

Western Union Bank Artisan Vapor & CBD ... (Bike/Boat/Book/etc) Store Artisan Vapor & CBD ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency HVAC Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby
634k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 43% Dining 38% Shops & Services 16% Hotels & Casinos 1%
Walmart Superstores
146,641 visits/mo 0.4 miles
Target Superstores
127,858 visits/mo 0.5 miles
Chick-fil-A Dining
48,583 visits/mo 0.4 miles
Chuy's Dining
34,450 visits/mo 0.4 miles
Murphy USA Shops & Services
28,114 visits/mo 0.4 miles

Demographics for 75703, TX

44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
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

  • Gateway Tire & Service Center — Tyler, TX 75703
  • Mavis Tires & Brakes — 7303 S Broadway Ave, Tyler, TX 75703
  • Walmart Auto Care Centers — 6801 S Broadway Ave, Tyler, TX 75703
  • Ritters Towing Service Tyler TX — 6771 S Broadway Ave, Tyler, TX 75703
  • Weaver Proficient Towing Corp. — 5711 Old Bullard Rd, Tyler, TX 75703

Frequently Asked Questions

What type of property is this?
Auto shop - A corporate Take 5 ground lease includes scheduled rent increases and no landlord maintenance duties.
Where is this auto shop located?
The property is located at 6424 S Broadway Ave Tyler, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Corporate Take 5 Oil Change ground lease; 12.5+ years remain in the primary term; No landlord maintenance responsibilities
(713) 623-6944 Call to check price and availability
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