TUCSON, AZ (October 29, 2025) – A newly built Take 5 Oil Change property at 850 W Irvington Road in Tucson has sold for $2,263,562 ($1,605 PSF) in an all-cash transaction to NS Retail Holdings, an affiliate of NETSTREIT Corp. (NYSE: NTST) of Dallas, TX.
The single-tenant, 1,410-square-foot automotive service facility was completed in 2023 on 0.59 acres and is fully leased under an absolute NNN lease to Take 5 Oil Change, a rapidly expanding quick-lube brand with more than 950 locations nationwide.
The property drew investor attention for its long-term corporate-backed lease and prime visibility along Irvington Road near I-19, one of Tucson’s busiest retail corridors. The site offers exposure to more than 46,000 vehicles per day and is surrounded by national tenants, including Walmart Supercenter, The Home Depot, and Planet Fitness.
The sale was brokered by Ed Beeh, Executive Vice President at SRS Real Estate Partners in Phoenix, who represented the seller. NS Retail Holdings acquired the property as part of its ongoing expansion of single-tenant net-lease assets in the Sun Belt region.
NETSTREIT’s Q3 2025 earnings release reported $203.9 million in acquisitions, primarily focused on convenience, automotive, and service-based retail tenants—categories that include Take 5 Oil Change among its national holdings.
This transaction underscores continued investor demand for new-construction, passive NNN retail assets in high-growth Arizona markets, particularly those offering stable, necessity-based tenancy and minimal landlord responsibilities.
Source: RED Comp #12133