Oil Changers

Lubbock
,
TX
Texas

Call for Details

$

2,819,000

Call for Details
6.00
%
CAP Rate

294,880 Daytime Population

within 10 Miles

~1/4 Mile from New Loop 88

Highway Expansion Currently Underway

Rapidly-Growing South Lubbock

Surrounded by Substantial Commercial & Residential Development

Property details
  1. Brand New Corporate 15-Year Absolute NNN Lease to Oil Changers
    • Scheduled 10% Rental Escalations in Primary Term & Options
    • No Landlord Maintenance Responsibilities
  2. New 2025 Construction with Double Drive-Thru
  3. This Location Holds the Oil Changers Record for Cars Serviced in a Day at 175
    • Previous Nationwide High was 151
  4. Oil Changers is the Nation's Leading Independent Oil Change Business
    • 200+ Locations Across 17 States
  5. Valvoline Inc, (NYSE: VVV) Announced in February 2025 to Acquire Oil Changers for $625 Million
    • Acquisition Expected in Fiscal Q3 2025
  6. Excellent Access & Visibility with Frontage on South Indiana Avenue (23,736 AADT), Less than 1/4 Mil from Junction with New Loop 88 Highway
    • Loop 88, Currently Under Construction, is a 12.5 Mile, $155 Million Project to Convert the Previous Two-Lane Road into a Six-Lane Freeway Equipped with Frontage Roads, Bridges, and Ramps
    • Hard Corner Location with Two Ingress/Egress Points and Cross Access to Adjacent Carwash
  7. Located in Rapidly-Growing South Lubbock Surrounded by Substantial Retail, Office, and Residential Development
  8. Significant Corporate Developments in Lubbock
    • Leprino Foods is Nearing Completion of its $870 Million Manufacturing Facility - 600+ New Jobs
    • Tropicale Foods is Undergoing $66 Million Expansion - 500+ New Jobs
  9. Investor-Friendly City - Offers Various Incentives for Businesses
  10. Texas Tech University Plays Vital Role in Regional Economy
    • Over 41,000 Students and 5,800 Staff
  11. Daytime Population of 294,880 within 10 Miles
  12. Average Household Income of $144,461 within a 3-Mile Radius
  13. Lubbock MSA GDP of $18.1 Billion
  14. No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
1800
SF
Lot Size
0.44
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387