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Take 5 Oil Change 1187 US Hwy 331 1,682 SF 100% Leased Retail Building Defuniak Springs, FL 32435 $2,256,157 ($1,341.35/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Corporate Guarantee from Driven Brands
- Recession-Resistance Service
- Strong Industry Growth
- Growing Vehicle Base & Longer Ownership
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 1187 US-331, Defuniak Springs, FL. The site consists of roughly 1,682 rentable square feet of building space on an estimated 0.62-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which commenced on 11/4/2025. The current annual rent is $129,729 and there are scheduled increases of 1.50% annually starting in 2031.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,682 SF
Building Class
B
Year Built
2025
Price
$2,256,157
Price Per SF
$1,341.35
Cap Rate
5.75%
NOI
$129,729
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.62 AC
Zoning
3310
AMENITIES
- 24 Hour Access
NEARBY MAJOR RETAILERS
CONTACTS
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 1187 US Hwy 331
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