Property Name

Take 5 Oil Change - Hutchinson, KS

Price
$
1,095,000
NOI
$
63,000
Occupancy
100
%
Cap Rate
5.75
%
Lease Type
Absolute NNN Ground Lease
Year Built
2026
Description

SHOP Companies is pleased to present the opportunity to acquire a brand-new Take 5 Oil Change located in Hutchinson, Kansas. The newly constructed asset is secured by a 15-year absolute NNN Ground Lease featuring 10% rental increases every five years and three, five-year renewal options.

Strategically positioned along E 30th Avenue (15,825 VPD), the Property benefits from excellent visibility and access within one of Hutchinson’s primary commercial corridors. The site is located directly across the street from the #1-ranked Dillons grocery store in the United States, a Kroger-owned grocery chain that attracts approximately 1.8 million annual visits according to Placer.ai. The property is also approximately five minutes from Hutchinson Regional Medical Center, a 190-bed hospital and the city’s largest employer.