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| Price $1,248,200 | Built/Renov 1999/2020 | Tenant Take 5 Oil Change |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,850
| Lease Start
12-04-2023
| #Units
1,000
|
| Price/SF $257.36 | Expiration
12-03-2038
| Tenant Type Automotive |
| NOI $74,892 | R. Term 14.2 | Ownership Fee Simple |
| Rent/SF
$15.44
| Increases 2.0%/1/yrs | Pop 5Mi 59,137 |
| Lot/AC 0.71 | Options 5/5yrs/2% | AHHI 5Mi $84,753 |
| | |
The subject property is strategically located along N. Reynolds Rd. (15,000 VPD), just off Interstate 30 which sees 107,000+ vehicles passing by daily. It is positioned with excellent visibility, on a corner lot that is located at the entrance to a Walmart Supercenter. Additional nearby national tenants include Walgreens, AutoZone, Dollar Tree, Lowes and many more, creating a strong drive to...
...Hard corner intersection
Near major nationals
Freeway close
Top 100 MSA
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Traded and rated company
Corporate 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 | |
| 2028 Total Population : | 6,243 | 32,874 | 67,771 |
| 2023 Total Population : | 6,155 | 31,428 | 64,818 |
| 2023 Employed Civilian Pop : | 3,327 | 17,672 | 34,945 |
| 2023 Total Businesses : | 468 | 1,067 | 1,680 |
| 2023 Average Household Income : | $ 101,797 | $ 98,406 | $ 95,246 |
| 2023 Total Consumer Spending : | $ 218 M | $ 1052 M | $ 2079 M |
| 2023 Median Age : | 40 | 39 | 39 |
| 2023 Total Households : | 2,498 | 12,386 | 25,282 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,161 | 5,909 | 10,642 |
| 2023 Average Home Value : | $ 222,183 | $ 272,164 | $ 263,235 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Reynolds Road | Office PkDr | 2021 | 16,000 | 0.04 mi |
| West Commerce Street | N Reynolds Rd | 2021 | 3,000 | 0.18 mi |
| Old Stage Coach Rd | Office PkDr | 2017 | 16,000 | 0.18 mi |
| Commonwealth Drive | Providence Dr | 2021 | 2,400 | 0.19 mi |
| 30 | McClanahan Dr | 2021 | 6,100 | 0.23 mi |
| Commerce Street | Main St | 2021 | 6,100 | 0.23 mi |
| Commerce St | Frontage Rd | 2017 | 5,900 | 0.24 mi |
| 30 | N Reynolds Rd | 2021 | 3,400 | 0.29 mi |
| 30 | N Reynolds Rd | 2021 | 7,100 | 0.29 mi |
| AR 5 | Finn Cir | 2021 | 15,000 | 0.34 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
