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Take 5 Oil Change 2473 Memorial Dr 1,683 SF 100% Leased Retail Building Lancaster, OH 43130 $1,666,667 ($990.30/SF) 6% 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 2473 North Memorial Drive, Lancaster, OH 43130. The site consists of roughly 1,683 rentable square feet of building space on an estimated .45-acre parcel of land. Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $100,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,683 SF
Year Built
2026
Price
$1,666,667
Price Per SF
$990.30
Cap Rate
6%
NOI
$100,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.45 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-40099-810 | Improvements Assessment | $158,570 |
| Land Assessment | $413,910 | Total Assessment | $572,480 |
Property Taxes
Parcel Number
01-40099-810
Land Assessment
$413,910
Improvements Assessment
$158,570
Total Assessment
$572,480
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 2473 Memorial Dr
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