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| Price $1,993,000 | Built/Renov 2023 | Tenant Take 5 Oil Change (GL) |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
1,760
| Lease Start
07-01-2024
| #Units
44
|
| Price/SF $1,132.39 | Expiration
06-30-2039
| Tenant Type Automotive |
| NOI $129,550 | R. Term 14.7 | Ownership Ground Lease |
| Rent/SF
$73.61
| Increases 7.5%/5/yrs | Pop 5Mi 28,775 |
| Lot/AC 0.61 | Options 8/5yrs/7.5% | AHHI 5Mi $78,323 |
| | |
Take 5 Oil Change is strategically located near the signalized, hard corner intersection of Sinclair Drive and West Deyoung Street, with access to a combined daily traffic count of 28,100 vehicles. The property is surrounded by well-known national tenants, including Walmart Supercenter, Sam’s Club, Home Depot, Target, and more. Furthermore, there are several car dealerships nearby, including...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Brand new lease
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
25+ unit franchisee backed
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...
Depew, NY
Cap Rate 6.00%
Lease NN+
R. Term 5.00 yrs
Size/SF 6,595
Cuyahoga Falls, OH
Cap Rate 6.32%
Lease Double NN
R. Term 10.10 yrs
Size/SF 6,796
South Euclid, OH
Cap Rate 6.36%
Lease Double NN
R. Term 10.20 yrs
Size/SF 11,679
Hondo, TX
Cap Rate 6.10%
Lease NN+
R. Term 14.60 yrs
Size/SF 6,889
Laconia, NH
Cap Rate 6.75%
Lease NN+
R. Term 4.10 yrs
Size/SF 6,895
Columbus, OH
Cap Rate 7.00%
Lease Abs NNN
R. Term 3.40 yrs
Size/SF 6,672
Calexico, CA
Cap Rate 5.60%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,600
Bullhead City, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 1,438
Smyrna, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 1,860
Monrovia, CA
Cap Rate 5.51%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 824
Coal City, IL
Cap Rate 5.80%
Lease Double NN
R. Term 12.80 yrs
Size/SF 7,225
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Plymouth, WI
Cap Rate 6.00%
Lease NN+
R. Term 14.20 yrs
Size/SF 7,385
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.80 yrs
Size/SF 9,745
Friendswood, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 3,230
Portage, IN
Cap Rate 7.50%
Lease Double NN
R. Term 5.10 yrs
Size/SF 7,000
Woodstock, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 5,328
Champaign, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,372
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
Tulsa, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,500
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,663
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,770
Snyder, TX
Cap Rate 6.70%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,141
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 1,725
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,627
Acworth, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,148
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,700
Calexico, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 3,600
Tappahannock, VA
Cap Rate 6.00%
Lease NN+
R. Term 15.40 yrs
Size/SF 7,225
Cincinnati, OH
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 5,906
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
