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Take 5 Oil Change 5395 N Abbe Rd 1,683 SF Office Building Elyria, OH 44035 $2,000,000 ($1,188.35/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 5395 Abbe Road North, Sheffield, OH 44035. The site consists of roughly 1,683 rentable square feet of building space on an estimated 0.41-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 $120,000 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
1,683 SF
Building Class
C
Year Built
1962
Price
$2,000,000
Price Per SF
$1,188.35
Cap Rate
6%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,683 SF
Building FAR
0.09
Lot Size
0.41 AC
Zoning
C
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Contacts
-
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Take 5 Oil Change | 5395 N Abbe Rd
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