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| Price $2,029,230 | Built/Renov 2024 | Tenant Take 5 Oil Change |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
1,372
| Lease Start
09-01-2024
| #Units
1
|
| Price/SF $1,479.03 | Expiration
09-01-2039
| Tenant Type Automotive |
| NOI $131,900 | R. Term 14.8 | Ownership Fee Simple |
| Rent/SF
$96.14
| Increases 7.5%/5/yrs | Pop 5Mi 139,714 |
| Lot/AC 0.98 | Options 8/5yrs/7.5% | AHHI 5Mi $80,582 |
| | |
Take 5 Oil Change is strategically located on West Springfield Avenue, with access to 17,700 vehicles passing by daily. The property is adjacent to a Big Lots-anchored center and surrounded by well-known national tenants, including 7 Brew, Jersey Mike's Subs, Starbucks, and more. Additionally, it is situated in an area with a high density of single-family homes and is only 8 minutes from the...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strong demographics
Brand new lease
Long 15+ yr lease
Absolute NNN
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 : | 11,166 | 97,635 | 139,794 |
| 2024 Total Population : | 11,415 | 97,480 | 139,692 |
| 2024 Employed Civilian Pop : | 6,355 | 45,707 | 66,504 |
| 2024 Total Businesses : | 456 | 4,076 | 5,422 |
| 2024 Average Household Income : | $ 98,756 | $ 82,789 | $ 86,722 |
| 2024 Total Consumer Spending : | $ 470 M | $ 2964 M | $ 4538 M |
| 2024 Median Age : | 37 | 26 | 28 |
| 2024 Total Households : | 5,385 | 40,229 | 58,877 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,690 | 11,139 | 17,136 |
| 2024 Average Home Value : | $ 257,764 | $ 266,974 | $ 261,886 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Springfield Ave | S Fair St | 2017 | 13,800 | 0.09 mi |
| South Mattis Avenue | W Springfield Ave | 2022 | 21,900 | 0.10 mi |
| S Mattis Ave | Round Barn Rd | 2016 | 22,300 | 0.12 mi |
| South Mattis Avenue | W White St | 2022 | 21,900 | 0.12 mi |
| S Mattis Ave | W Green St | 2016 | 22,100 | 0.21 mi |
| West Clark Street | S Mattis Ave | 2018 | 23,000 | 0.23 mi |
| Round Barn Rd | Crescent Dr | 2016 | 2,400 | 0.25 mi |
| IL 10 | S Mattis Ave | 2021 | 14,900 | 0.25 mi |
| W John St | S Fair St | 2016 | 3,950 | 0.29 mi |
| West University Avenue | S Lynn St | 2022 | 4,500 | 0.29 mi |
Cuyahoga Falls, OH
Cap Rate 6.32%
Lease Double NN
R. Term 10.10 yrs
Size/SF 6,796
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
Depew, NY
Cap Rate 6.00%
Lease NN+
R. Term 5.00 yrs
Size/SF 6,595
Hondo, TX
Cap Rate 6.10%
Lease NN+
R. Term 14.10 yrs
Size/SF 6,889
Mount Ephraim, NJ
Cap Rate 6.40%
Lease NN+
R. Term 15.30 yrs
Size/SF 7,128
Woodstock, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 5,328
Des Plaines, IL
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,700
Bullhead City, AZ
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 1,438
Duluth, GA
Cap Rate 6.19%
Lease Double NN
R. Term 13.00 yrs
Size/SF 9,603
Cincinnati, OH
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 5,906
Coal City, IL
Cap Rate 5.80%
Lease Double NN
R. Term 12.80 yrs
Size/SF 7,225
Louisville, KY
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,609
Smyrna, TN
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 1,860
Hammond, LA
Cap Rate 6.15%
Lease Abs NNN
R. Term 11.20 yrs
Size/SF 4,732
Snyder, TX
Cap Rate 6.70%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,141
Portage, IN
Cap Rate 7.50%
Lease Double NN
R. Term 5.10 yrs
Size/SF 7,000
Acworth, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,148
Calexico, CA
Cap Rate 5.60%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 3,600
Tulsa, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 1,500
Tappahannock, VA
Cap Rate 6.00%
Lease NN+
R. Term 15.40 yrs
Size/SF 7,225
Plymouth, WI
Cap Rate 6.00%
Lease NN+
R. Term 14.20 yrs
Size/SF 7,385
Derby, KS
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,770
Marion, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,760
Madison, AL
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 1,663
Murphy, NC
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 2,065
Monrovia, CA
Cap Rate 5.51%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 824
Mount Vernon, IL
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,627
Calexico, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 3,600
Woodstock, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 1,725
Charleston, WV
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 1,300
Allentown, PA
Cap Rate 6.57%
Lease Abs NNN
R. Term 16.60 yrs
Size/SF 9,745
Rochester, MN
Cap Rate 7.06%
Lease Double NN
R. Term 0.60 yrs
Size/SF 8,036
Harrisburg, PA
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 1,619
Hildago, TX
Cap Rate 5.70%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 1,418
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
