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Take 5 Oil Change 4240 Washington Rd 1,490 SF Retail Building Evans, GA 30809 $1,187,000 ($796.64/SF) 5.90% Cap Rate
Executive Summary
Zero Landlord Responsibilities: This asset is being sold as a sale-leaseback ground lease structure leaving the landlord with no maintenance,
insurance, or tax obligations, offering a truly passive investment.
Strong Lease Terms: The 15 year initial lease term with an additional 20 years in option periods, along with the scheduled 10% rent increases
every five years, ensure long-term reliable income, cash flow stability, and a hedge against inflation over the hold period.
Attractive Low Price Point: Offered at just under $1.2 million, this investment opportunity presents a well-located asset with stable cash flows
and a proven, established tenant, at a relatively low price point.
Nationally Recognized, Rapidly Growing Tenant: Take 5 Oil Change, ranked #27 on Entrepreneur’s 2025 Fastest-Growing Franchises list,
operates over 1,100 locations across the U.S. and Canada. The brand continues to experience strong expansion, driven by increasing demand
for quick and reliable automotive services.
Experienced Franchisee: WSM Ventures, a 2024 Franchisee of the Year nominee and one of the Top 20 Take 5 Oil Change franchisees nationally,
currently operates 14 Take 5’s throughout the Southeast and has 5+ years of Take 5 operating experience.
Strong Demographics: With a 5 mile population density of ±132,700 people, and an average household income of $123,713, this property is
ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Primary Retail Corridor: Located on Washington Rd (±36,000 VPD), Evans’ primary retail corridor, this property is ideally located within close
proximity to strong retail presences, such as Publix, Walmart, Kroger, Lowe’s, Home Depot, Target, Chick-fil-A, and Starbucks.
insurance, or tax obligations, offering a truly passive investment.
Strong Lease Terms: The 15 year initial lease term with an additional 20 years in option periods, along with the scheduled 10% rent increases
every five years, ensure long-term reliable income, cash flow stability, and a hedge against inflation over the hold period.
Attractive Low Price Point: Offered at just under $1.2 million, this investment opportunity presents a well-located asset with stable cash flows
and a proven, established tenant, at a relatively low price point.
Nationally Recognized, Rapidly Growing Tenant: Take 5 Oil Change, ranked #27 on Entrepreneur’s 2025 Fastest-Growing Franchises list,
operates over 1,100 locations across the U.S. and Canada. The brand continues to experience strong expansion, driven by increasing demand
for quick and reliable automotive services.
Experienced Franchisee: WSM Ventures, a 2024 Franchisee of the Year nominee and one of the Top 20 Take 5 Oil Change franchisees nationally,
currently operates 14 Take 5’s throughout the Southeast and has 5+ years of Take 5 operating experience.
Strong Demographics: With a 5 mile population density of ±132,700 people, and an average household income of $123,713, this property is
ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Primary Retail Corridor: Located on Washington Rd (±36,000 VPD), Evans’ primary retail corridor, this property is ideally located within close
proximity to strong retail presences, such as Publix, Walmart, Kroger, Lowe’s, Home Depot, Target, Chick-fil-A, and Starbucks.
Data Room Click Here to Access
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$70,000
|
$46.98
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $70,000 |
| Annual Per SF | $46.98 |
Property Facts Under Contract
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,490 SF
Building Class
C
Year Built
2022
Price
$1,187,000
Price Per SF
$796.64
Cap Rate
5.90%
NOI
$70,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.64 AC
Zoning
C-2 - C-2 (General Commercial) Columbia County
Parking
6 Spaces (4.03 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 072A283 | Improvements Assessment | $82,452 (2025) |
| Land Assessment | $191,522 (2025) | Total Assessment | $273,974 (2025) |
Property Taxes
Parcel Number
072A283
Land Assessment
$191,522 (2025)
Improvements Assessment
$82,452 (2025)
Total Assessment
$273,974 (2025)
Contacts
-
Robert Schmidt, CCIM -
Peter Couchell, CCIM -
Lawrence Myers -
NAI Earle Furman LLC
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Take 5 Oil Change | 4240 Washington Rd
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