2423 Main St Eagle Pass, TX 78852
This exceptional investment opportunity presents a brand-new, fee-simple Take 5 Oil Change in Eagle Pass, Texas. The 1,418-square-foot auto shop sits on a 0.64-acre lot at 2423 E Main St, 78852. Built in 2024, it boasts a 20-year triple-net (NNN) lease with a corporate guarantee from Drive Funding Holdco, LLC, eliminating landlord responsibilities. The annual net operating income (NOI) is $105,000, yielding a 6.00% cap rate. The lease features annual rent increases of 1.50%, ensuring consistent income growth. This is a secure, long-term investment with minimal management requirements and significant upside potential. The property is offered at $1,750,000. This sale-leaseback structure provides immediate cash flow and a passive income stream. The strong corporate guarantee minimizes risk, making this an attractive opportunity for investors seeking stable returns in the Texas market. The property's prime location and the established Take 5 Oil Change brand contribute to its high value and potential for appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.