Property profile

5930 Expressway Warr Acres, OK 73132

OFF-MARKET
Retail properties & Spaces
1,632 SF 0.56 ac lot Built 2023
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 1,632 SF
Lot 0.56 ac (24,394 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Cafe & Coffee Shop

Location

5930 Expressway Warr Acres, OK 73132
Warr Acres metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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