506 George Nigh Expy Mcalester, OK 74501-6711
This exceptional investment opportunity presents a brand-new, 1,421 square foot Take 5 Oil Change located in McAlester, Oklahoma. The property sits on a 0.34-acre lot at 506 S George Nigh Expy, 74501. Built in 2023, this single-tenant retail building is currently operating at 100% occupancy under a 20-year triple-net (NNN) lease with a strong corporate guarantor, Driven Funding Holdco, LLC (approximately 3,500 units). The lease features a substantial annual rent of $100,000, providing a 6.25% cap rate. Annual rental increases of 1.5% are built into the lease throughout the initial 20-year term and extend into four, five-year renewal options. The NNN lease structure ensures minimal landlord responsibilities, making this a low-maintenance, high-return investment. This property offers a secure, long-term investment with significant upside potential due to the established tenant and favorable lease terms. The property's prime location and the strength of the corporate guarantee further enhance its attractiveness to discerning investors. This is a rare opportunity to acquire a high-performing, passively managed asset with exceptional long-term growth prospects.
-
Take 5 Oil Change Auto Repair Shop
-
Take 5 Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.