EXECUTIVE SUMMARY · 2018. 12. 20. · Precision Tune Auto Care began as a small tune up shop in...

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ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

OFFERING SUMMARY

Sale Price: $695,000

Cap Rate: 6.38%

NOI: $44,352

Lot Size: 0.39 Acres

Year Built: 1993

Building Size: 3,942 SF

Renovated: 2017

Zoning: C-3

Market: Oklahoma City

Submarket: Norhtwest OKC

Price / SF: $176.31

PROPERTY OVERVIEW

Multiple store Precision Tune Auto Care Franchisee.Precision Tune Auto Care began as a small tune up shop in Beaumont, TX in 1976 andhas grown to more than 330 service centers operating in 8 countries. The companyhas been taking care of cars and the people who depend on them for nearly 40 years,providing car owners with a one-stop shop for repairs. Their service centers providetotal car care, performing diagnostics, scheduled maintenance and auto repairs. Theyalso offer the full range of services, from oil changes to engine replacement. PrecisionTune Auto Care is not just another car repair and tune up service provider. They areexperts on cars, and are focused on the people who drive in them. They understandhow people drive, and based on that, they can determine the appropriate plan forclient’s vehicle with services backed by their best-in class warranty. Servicing 2.5million vehicles each year and providing the driving public with car care education forpersonal safety and environmental health, Personal Tune Auto Care is a global playerthat is recognized as a world leader in the automotive service industry and have beena top-rated franchise 500 company for more than 30 years!

PROPERTY HIGHLIGHTS

• 7+ Year Triple Net (NNN) Lease

• Precision Tune Auto care has been operating out of this Location Since 1993

• Recently remodeled

• Dense Retail Corridor

• Intersection includes Walgreen's, CVS & Crest Foods (large local groceryoperator)

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E X E C U T I V E S U M M A R Y

ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

N N N - P R E C I S I O N T U N E - O K L A H O M A C I T Y2 3 2 4 N M E R I D I A N | O K L A H O M A C I T Y , O K 7 3 1 0 7

A D D I T I O N A L P H O T O S

ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

N N N - P R E C I S I O N T U N E - O K L A H O M A C I T Y2 3 2 4 N M E R I D I A N | O K L A H O M A C I T Y , O K 7 3 1 0 7

A D D I T I O N A L P H O T O S

ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

N N N - P R E C I S I O N T U N E - O K L A H O M A C I T Y2 3 2 4 N M E R I D I A N | O K L A H O M A C I T Y , O K 7 3 1 0 7

L O C A T I O N M A P S

ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

N N N - P R E C I S I O N T U N E - O K L A H O M A C I T Y2 3 2 4 N M E R I D I A N | O K L A H O M A C I T Y , O K 7 3 1 0 7

R E T A I L E R M A P

ETHAN SLAVIN

405.510.0079ethan@creekcre.com

2 6 E . 9 T H S T. | E D M O N D, O K 7 3 0 3 4 | 4 0 5 . 5 1 0 . 0 0 7 9 | C R E E KC R E .C O M

POPULATION 1 MILE 3 MILES 5 MILES

Total population 16,413 99,002 209,215

Median age 34.2 33.6 34.9

Median age (Male) 33.8 33.1 34.4

Median age (Female) 34.6 34.6 35.7

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 6,809 40,392 85,921

# of persons per HH 2.4 2.5 2.4

Average HH income $44,717 $47,068 $50,671

Average house value $109,609 $110,039 $134,213

* Demographic data derived from 2010 US Census

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D E M O G R A P H I C S M A P & R E P O R T