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| Price $1,571,429 | Built/Renov 2024 | Tenant Take 5 Oil Change |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
1,415
| Lease Start
12-01-2024
| #Units
8
|
| Price/SF $1,110.55 | Expiration
11-30-2039
| Tenant Type Automotive |
| NOI $110,000 | R. Term 15.0 | Ownership Fee Simple |
| Rent/SF
$77.74
| Increases 10.0%/5/yrs | Pop 5Mi 148,047 |
| Lot/AC 1.71 | Options 5/5yrs/10% | AHHI 5Mi $81,764 |
| | |
Take 5 Oil Change is strategically located at the signalized, hard corner intersection of East 23rd Street and State Route 29, with access to a robust combined daily traffic count of 67,439 vehicles. The property is surrounded by well-known national tenants including Sonic, Dollar General, Advance Auto Parts, Scooters, Seven Brew, and more. The 5-mile trade area is supported by a population of...
...New construction
Signalized intersection
High traffic 50M+ VPD
Dense retail corridor
Top 100 MSA
Strong demographics
Brand new lease
Long 15+ yr lease
Accelerated depreciation
Personal guarantee
Take 5 Oil Change is an industry-leading quick lube service featuring a unique drive-thru concept that allows customers to never leave the comfort of their car. The brand offers an average...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 8,762 | 63,989 | 146,964 |
| 2024 Total Population : | 8,806 | 63,937 | 147,430 |
| 2024 Employed Civilian Pop : | 3,885 | 30,477 | 73,352 |
| 2024 Total Businesses : | 284 | 2,032 | 3,751 |
| 2024 Average Household Income : | $ 65,155 | $ 76,684 | $ 80,841 |
| 2024 Total Consumer Spending : | $ 244 M | $ 1857 M | $ 4386 M |
| 2024 Median Age : | 43 | 40 | 40 |
| 2024 Total Households : | 4,215 | 27,354 | 61,314 |
| 2024 Pop Age 25+: Bachelor's Degree : | 821 | 5,649 | 15,136 |
| 2024 Average Home Value : | $ 203,488 | $ 236,821 | $ 240,810 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E 23rd St S | S Hub Dr | 2010 | 29,464 | 0.14 mi |
| E 23rd St S | S Belmont Blvd | 2016 | 23,010 | 0.22 mi |
| E Salisbury Rd | 2022 | 21,381 | 0.43 mi | |
| State Hwy 291 | Sunset Dr | 2019 | 18,156 | 0.43 mi |
| E 23rd St S | 2022 | 1,023 | 0.46 mi | |
| Shrank Road | Baker Rd | 2022 | 147 | 0.54 mi |
| State Hwy 291 | E James Downey Rd | 2019 | 18,021 | 0.66 mi |
| S Lees Summit Rd | E 25 St S | 2015 | 15,288 | 0.73 mi |
| East Cogan Lane | S Lees Summit Rd | 2022 | 1,134 | 0.74 mi |
| E 29th Ter | 2022 | 1,134 | 0.95 mi |
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Size/SF 5,936
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Hilliard, OH
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Cap Rate 6.25%
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R. Term 13.00 yrs
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Atoka, TN
Cap Rate 6.15%
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R. Term 11.60 yrs
Size/SF 7,225
Princeton, WV
Cap Rate 6.50%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 1,211
Marion, NC
Cap Rate 6.00%
Lease NN+
R. Term 9.10 yrs
Size/SF 6,800
Johnston, RI
Cap Rate 7.00%
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R. Term 1.60 yrs
Size/SF 5,920
Oberlin, OH
Cap Rate 7.75%
Lease NN+
R. Term 3.20 yrs
Size/SF 7,000
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Cap Rate 6.40%
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R. Term 14.70 yrs
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Oklahoma City, OK
Cap Rate 7.75%
Lease NN+
R. Term 2.00 yrs
Size/SF 7,000
Butte, MT
Cap Rate 6.00%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 7,500
Lexington, KY
Cap Rate 7.50%
Lease NN+
R. Term 4.50 yrs
Size/SF 6,895
Lansing, KS
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,415
Dunlap, TN
Cap Rate 6.10%
Lease NN+
R. Term 8.11 yrs
Size/SF 8,075
Summerville, SC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,425
Georgetown, OH
Cap Rate 6.00%
Lease Double NN
R. Term 12.00 yrs
Size/SF 7,225
Southgate, MI
Cap Rate 7.75%
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R. Term 5.90 yrs
Size/SF 6,200
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
