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Take 5 Oil Change 6080 Youngstown Warren Rd 1,406 SF Retail Building Niles, OH 44446 $909,000 ($646.51/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-Year Absolute NNN Corporate Ground Lease
- Scheduled 10% Rent Increases
- Exceptional Visibility & Access
- Extremely Low Starting Rent
- Signalized Hard-Corner Location
- Prime Retail Corridor
EXECUTIVE SUMMARY
? New 15-Year Absolute NNN Corporate Ground Lease: Take 5 Oil Change backed by investment-grade parent Driven Brands (NYSE: DRVN). Take 5 Oil Change is one of the fastest-growing quick-lube brands in the $15+ billion industry
? Zero Landlord Responsibilities: True ground lease with absolute NNN structure – tenant responsible for all taxes, insurance, maintenance, roof, and structure
? Extremely Low Starting Rent: Only $50,000 per year creates immediate equity and significant mark-to-market upside
? Scheduled 10% Rent Increases: 10% bumps every five years throughout the initial 15-year term and three (3) Five (5) Year Options provides 30+ years of cash-flow stability and inflation protection
? Signalized Hard-Corner Location: High-traffic intersection of Youngstown Warren Road (SR-45) and Niles-Cortland Road in Niles, Ohio
? Premier Outparcel Positioning: Directly in front of strong performing Marc’s grocery store and Staples, proven daily-needs traffic generators
? Exceptional Visibility & Access: Outstanding frontage and multiple points of ingress/egress on one of Niles’ busiest retail corridors
? Prime Retail Corridor: Subject property is located across the street from Eastwood Mall, one of America’s largest shopping complexes, with over 3.4 million square feet of space and over 15.8 million visitors annually
? Zero Landlord Responsibilities: True ground lease with absolute NNN structure – tenant responsible for all taxes, insurance, maintenance, roof, and structure
? Extremely Low Starting Rent: Only $50,000 per year creates immediate equity and significant mark-to-market upside
? Scheduled 10% Rent Increases: 10% bumps every five years throughout the initial 15-year term and three (3) Five (5) Year Options provides 30+ years of cash-flow stability and inflation protection
? Signalized Hard-Corner Location: High-traffic intersection of Youngstown Warren Road (SR-45) and Niles-Cortland Road in Niles, Ohio
? Premier Outparcel Positioning: Directly in front of strong performing Marc’s grocery store and Staples, proven daily-needs traffic generators
? Exceptional Visibility & Access: Outstanding frontage and multiple points of ingress/egress on one of Niles’ busiest retail corridors
? Prime Retail Corridor: Subject property is located across the street from Eastwood Mall, one of America’s largest shopping complexes, with over 3.4 million square feet of space and over 15.8 million visitors annually
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Retail
Building Size
1,406 SF
Building Class
B
Year Built
2026
Price
$909,000
Price Per SF
$646.51
Cap Rate
5.50%
NOI
$50,000
Tenancy
Single
Building Height
1 Story
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-037653 | Improvements Assessment | $902,720 |
| Land Assessment | $290,150 | Total Assessment | $1,192,870 |
PROPERTY TAXES
Parcel Number
20-037653
Land Assessment
$290,150
Improvements Assessment
$902,720
Total Assessment
$1,192,870
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Take 5 Oil Change | 6080 Youngstown Warren Rd
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