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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 14.9 | 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...
Laconia, NH
Cap Rate 6.75%
Lease NN+
R. Term 4.40 yrs
Size/SF 6,895
Columbus, OH
Cap Rate 6.25%
Lease Abs NNN
R. Term 3.60 yrs
Size/SF 6,672
Depew, NY
Cap Rate 6.00%
Lease NN+
R. Term 5.10 yrs
Size/SF 6,595
Hondo, TX
Cap Rate 6.10%
Lease NN+
R. Term 14.60 yrs
Size/SF 6,889
Tulsa, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 1,500
Friendswood, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 3,230
Woodstock, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 5,328
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 1,627
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 1,770
Acworth, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,148
Denver, NC
Cap Rate 6.00%
Lease Double NN
R. Term 10.50 yrs
Size/SF 7,000
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 1,770
Tappahannock, VA
Cap Rate 6.00%
Lease NN+
R. Term 15.40 yrs
Size/SF 7,225
Anchorage, AK
Cap Rate 7.00%
Lease Abs NNN
R. Term 3.10 yrs
Size/SF 7,012
Portage, IN
Cap Rate 7.50%
Lease Double NN
R. Term 5.30 yrs
Size/SF 7,000
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 1,663
Smyrna, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,860
Calexico, CA
Cap Rate 5.60%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,600
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,725
Bullhead City, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 1,438
Cincinnati, OH
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 5,906
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Champaign, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,372
Plymouth, WI
Cap Rate 6.00%
Lease NN+
R. Term 14.30 yrs
Size/SF 7,385
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.11 yrs
Size/SF 9,745
Coal City, IL
Cap Rate 5.80%
Lease Double NN
R. Term 12.10 yrs
Size/SF 7,225
Snyder, TX
Cap Rate 6.70%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,141
Hickory, NC
Cap Rate 5.50%
Lease Double NN
R. Term 13.90 yrs
Size/SF 7,225
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 1,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
