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Take 5 Oil Change 705 Jackson Rd 1,496 sq ft Retail Property Pharr, TX 78577 £1,364,635 (£912.19/sq ft) 5.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Long-Term 20-Year NNN Sale-Leaseback
- New Construction
- Attractive Annual Rental Increases
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 705 S Jackson Rd, Pharr, TX 78577. The site consists of roughly 1,496 rentable square feet of building space on an estimated 0.21-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $105,000 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Property Size
1,496 sq ft
Costar Property Class
B
Year Built
2025
Price
£1,364,635
Price per sq ft
£912.19
Yield
5.75%
NOI
£78,467
Tenancy
Single
Number of Floors
1
Plot ratio
0.16
Total Plot Size
0.21 ac
Opportunity Zone
Yes
Parking
21 Spaces (14.04 Spaces per 1,000 sq ft Leased)
Frontage
61 ft on South Jackson Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P3230-00-000-007A-00 | Improvements Assessment | £236,403 |
| Land Assessment | £768,505 | Total Assessment | £1,004,908 |
PROPERTY TAXES
Parcel Number
P3230-00-000-007A-00
Land Assessment
£768,505
Improvements Assessment
£236,403
Total Assessment
£1,004,908
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Surmount
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Take 5 Oil Change | 705 Jackson Rd
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