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270 Hogan blvd
Mill Hall, PA 17751

$2,445,000 USD

Auto Repair For Sale  •  1,736 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,736 SF
  • Building Class C
  • Year Built 2025
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
48 Walk Score

Highlights

Brand new 2025 build-to-suit construction for Take 5
15-Year absolute NNN lease with zero landlord responsibilities
10% rent increases every 5 years for the entire term of the lease (base + options)
The property qualifies for bonus depreciation (consult with a tax professional for details)
Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations& 245 locations across all franchise brands)
Well position along Hogan Blvd as a Lowe’s Home Improvement pad site and directly across from a Walmart Supercenter
Cap Rate: 7.00 %

Public Transportation

AirportDriveWalkDistance
State College Regional 52 min - 31.8 mi
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services