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Take 5 Oil Change 2004 N Dixie Fwy 2,369 SF Retail Building New Smyrna Beach, FL 32168 $1,572,030 ($663.58/SF) 5.25% 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 200 North Dixie Freeway, New Smyrna Beach, FL 32168. The site consists of roughly 2,369 rentable square feet of building space on an estimated 0.28-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $82,532 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,369 SF
Building Class
C
Year Built
1991
Price
$1,572,030
Price Per SF
$663.58
Cap Rate
5.25%
NOI
$82,532
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.28 AC
Zoning
10I3
Frontage
89’ on Dixie Fwy
Amenities
- Bus Line
- Pylon Sign
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Property Taxes
| Parcel Number | 7438-12-00-0190 | Improvements Assessment | $391,791 |
| Land Assessment | $390,720 | Total Assessment | $782,511 |
Property Taxes
Parcel Number
7438-12-00-0190
Land Assessment
$390,720
Improvements Assessment
$391,791
Total Assessment
$782,511
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Take 5 Oil Change | 2004 N Dixie Fwy
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