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Take 5 Oil Change 5576 N US Highway 41 1,682 SF 100% Leased Retail Building Apollo Beach, FL 33572 $1,818,182 ($1,080.96/SF) 5.50% 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 5576 N U.S. Hwy 41, Apollo Beach, FL 33572. The site consists of roughly 1,682 rentable square feet of building space on an estimated 0.52-acre parcel of land. This 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
1,682 SF
Building Class
C
Year Built
1900
Price
$1,818,182
Price Per SF
$1,080.96
Cap Rate
5.50%
NOI
$100,000
Percent Leased
100%
Building Height
1 Story
Nearby Major Retailers
Contacts
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Christopher Marks -
Surmount
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Take 5 Oil Change | 5576 N US Highway 41
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