5930 Expy Warr Acres, OK 73132
- Retail properties
- 1,632 SF
- 0.56 lot acres
Current Use by Public Records
- Take 5 Oil Change / Oil Change Service
- Scooter's Coffee / Coffee Shop
Property Details for 5930 Expy
- Year built
- 2023
- Lot size
- 0.56 lot acres
- Property size
- 1,632 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a 1,632 square foot Take 5 Oil Change retail property located at 5930 Northwest Expy, Warr Acres, OK 73132. Built in 2023, this property sits on a 0.56-acre lot and boasts a strong 5.75% cap rate with an asking price of $1,252,174 ($767.26 per square foot). The property features a long-term, 15-year absolute triple net (NNN) lease with a corporate guaranty from Driven Systems, LLC, eliminating landlord responsibilities. The lease includes built-in rent bumps, with a 10% increase every five years, and three five-year tenant renewal options. The ground lease extends until October 22, 2038. This is a turnkey investment with significant long-term growth potential, offering a secure and passive income stream. The property's prime location in Warr Acres, Oklahoma, ensures high visibility and accessibility for customers. This is an ideal opportunity for investors seeking a stable, high-return investment in a well-established and reputable national brand. The property's recent construction and long-term lease agreement provide significant peace of mind and a strong foundation for future returns. This is a rare opportunity to acquire a high-performing asset in a desirable market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warr Acres
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.6207
- Latitude
- 35.5492
