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Take 5 Oil Change 2310 N Susquehanna Trl 1,741 SF Retail Building Selinsgrove, PA 17870 $2,057,142 ($1,181.59/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Newer 2024 build-to-suit construction for Take 5
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- Well position along North Susquehanna Trail which sees nearly 35,000 vehicles daily
- 15-Year absolute NNN lease with zero landlord responsibilities
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Located directly across from Target, T.J. Maxx, Dick’s Sporting Goods, Khol’s and Giant Grocery power center
EXECUTIVE SUMMARY
Kyle Matthews
License # RB068831 (PA)
Matthews
1600 West End Ave., Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Services
- -
- -
- -
Whether it’s an oil change followed by a car wash, a car wash before an oil change…or both at completely different times, Take 5 gets the job done quickly so you can be on your way. Take 5 was founded as Rapid Oil Change. It offered quick oil changes, minor repairs and other maintenance services. Since then, it has seen expansion, faced disaster and become part of the community. What started in Louisiana, just outside New Orleans, spread to several states and across the southeastern United States from Virginia to Texas and several locations, with more shops opening in the coming months. Among the newest locations is the first Take 5 in Florida. To date, the company has opted to limit franchising the brand but it continues to consider future options to do so.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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|
Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-11-332 | Improvements Assessment | $250,790 |
| Land Assessment | $35,590 | Total Assessment | $286,380 |
PROPERTY TAXES
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Take 5 Oil Change | 2310 N Susquehanna Trl
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