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14956 S Tamiami Trl
North Port, FL 34287
Take 5 Oil Change (Sarasota MSA) · Retail Property For Sale
Investment Highlights
- 15-Year, Triple Net (NNN) Lease With 10 Percent Rent Increases Every Five Years Throughout the Base Term and Option Periods
- Franchisee is Gasner and Wallace TF Operations, LLC, Currently Operating 10 Take 5 Locations, With 11th Location Opening Soon
- Take 5 Oil Change was Awarded #1 in Customer Satisfaction for Aftermarket Quick Oil Changes Two Years in a Row by J.D. Power
- Major Renovations Were Completed in 2022 at the Approx. Cost of $429,000
- Florida is an Income Tax Free State
- In December 2023, Take 5 Oil Change Celebrated the Opening of its 1,000th Store
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,430 SF
Building Class
B
Year Built/Renovated
2007/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.69 AC
Zoning
CG
Parking
10 Spaces (6.99 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1000-24-0008 | Improvements Assessment | $567,200 |
| Land Assessment | $789,400 | Total Assessment | $1,356,600 |
Property Taxes
Parcel Number
1000-24-0008
Land Assessment
$789,400
Improvements Assessment
$567,200
Total Assessment
$1,356,600
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