Log In/Sign Up
Your email has been sent.
10200 Sorrento Rd
Pensacola, FL 32507
Take 5 Oil Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN ground lease to Take 5 Oil Change, a rapidly growing automotive services provider in the U.S.
- Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors
- The brand climbed to #27 on Entrepreneur’s list of fastest-growing franchises, reflecting its rapid expansion and strong market presence
- Rare 3% annual rental increases in initial term and option periods, ensuring consistent income growth.
- Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years
- Take 5 Oil Change reported a 9.2% increase in same-store sales for Q4 2024, marking 18 consecutive quarters of positive growth
EXECUTIVE SUMMARY
Prime Take 5 Oil Change location at a high-visibility, easily accessible site on the signalized four-way intersection of Sorrento Road and South Blue Angel Parkway, which experiences a combined traffic count of over 42,000 vehicles per day.
Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years.
The surrounding area features strong demographics, with a five-mile population of 43,987 and an average annual household income of $122,798 within three miles.
Located just five miles from the National Naval Aviation Museum—which attracts approximately 750,000 annual visitors—it benefits from proximity to one of the Gulf Coast’s most-visited attractions west of Tampa and east of New Orleans.
The absolute NNN ground lease structure offers zero management responsibilities, transferring all maintenance and expense obligations, including roof, structure, and parking lot, to the tenant.
Projected income growth within one-, three-, and five-mile radii over the next five years positions both this Take 5 Oil Change and the Pensacola market for steady, long-term expansion.
Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years.
The surrounding area features strong demographics, with a five-mile population of 43,987 and an average annual household income of $122,798 within three miles.
Located just five miles from the National Naval Aviation Museum—which attracts approximately 750,000 annual visitors—it benefits from proximity to one of the Gulf Coast’s most-visited attractions west of Tampa and east of New Orleans.
The absolute NNN ground lease structure offers zero management responsibilities, transferring all maintenance and expense obligations, including roof, structure, and parking lot, to the tenant.
Projected income growth within one-, three-, and five-mile radii over the next five years positions both this Take 5 Oil Change and the Pensacola market for steady, long-term expansion.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
1,708 SF
Building Class
B
Year Built
2025
Price
$2,100,000
Price Per SF
$1,229.51
Cap Rate
5%
NOI
$105,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.96 AC
Parking
5 Spaces (2.93 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 05-3S-31-1500-001-001 | Improvements Assessment | $0 |
| Land Assessment | $346,995 | Total Assessment | $346,995 |
PROPERTY TAXES
Parcel Number
05-3S-31-1500-001-001
Land Assessment
$346,995
Improvements Assessment
$0
Total Assessment
$346,995
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
