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Auto & Tire Super-Service Center 1515 Killearn Center Blvd 4,060 SF Retail Building Tallahassee, FL 32309 $1,631,667 ($401.89/SF) 6% Cap Rate



Investment Highlights
- Driven Brands has approximately 8 years remaining with 10% rent increase in 2029
- Absolute net lease with zero landlord responsibilities including roof and structure
- Essential auto-care services support consistent demand in any economy
- Tenant paying ~$24 PSF for 9-bay facility with healthy rent metrics
- Lease backed by Driven Systems LLC (NASDAQ: DRVN) providing strong credit
- Premier retail corridor with average household incomes exceeding $144,000
Executive Summary
Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,060 SF
Building Class
B
Year Built
1991
Price
$1,631,667
Price Per SF
$401.89
Cap Rate
6%
NOI
$97,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.70 AC
Zoning
AC
Parking
12 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Take 5 Oil Change began in Louisiana near New Orleans and was founded in 1984 as Rapid Oil Change. The company built its service model around quick oil changes, minor repairs, and other maintenance work, then introduced a stay-in-your-car concept that became a defining part of the brand. Today, Take 5 Oil Change offers oil changes, fluid top-offs, tire pressure checks, filter and wiper inspections, and related vehicle maintenance through a broad network of company-owned and franchised service centers across the United States and Canada. The company also supports fleet accounts and continues to expand its franchise footprint within the quick-lube market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-08-53-00B-001.2 | Improvements Assessment | $281,062 |
| Land Assessment | $63,700 | Total Assessment | $344,762 |
Property Taxes
Parcel Number
11-08-53-00B-001.2
Land Assessment
$63,700
Improvements Assessment
$281,062
Total Assessment
$344,762
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