For Sale
$1,538,462

9521 Mansfield RdShreveport, LA 71118

High-return NNN auto shop investment.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity features a brand-new, 1,445-square-foot Take 5 Oil Change located at 9521 Mansfield Rd, Shreveport, LA 71118. Situated on a 1.186-acre lot, this property boasts a 20-year absolute triple-net (NNN) lease with a corporate guarantee from Driven Systems, LLC, ensuring consistent cash flow. The current annual net operating income (NOI) is $100,000, with a 6.50% cap rate. The lease includes annual rent increases of 1.50% starting in year two and four (4), five (5)-year tenant renewal options. Built in 2023, this property offers a secure, long-term investment with minimal landlord responsibilities. The asking price is $1,538,462, translating to a price per square foot of $1,064.68. This is a single-tenant property with 100% occupancy, providing immediate and predictable returns. The property's prime location in Shreveport, Louisiana, ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a growing market. The investment highlights include a long-term lease, corporate guarantee, attractive rental increases, and multiple renewal options, making this a compelling investment for discerning buyers.

Highlights

  • 20-Year Absolute Triple Net (NNN) Sale-Leaseback with Corporate Guarantee.
  • Driven Systems, LLC Corporate Guarantee.
  • 1.5% Annual Rent Increases Starting Year 2.
  • Four (4) Five (5)-Year Tenant Renewal Options.

Property Details for 9521 Mansfield Rd

Property type
Retail properties, Auto shops
Square Feet
1,445 SF
Year Built
2023
Lot Size (sq. ft)
51,662 SF

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.3904911
Longitude
-93.8141266
9521 Mansfield Rd, Shreveport, Louisiana

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9521 Mansfield Rd
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