7505 S Liberty Dr
Liberty Township, OH 45044
Retail Property For Sale

Take 5 Oil Change - 20 Year NNN Sale - Leaseback Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change Sale-Leaseback located at 7505 South Liberty Drive in Liberty Township, OH. This location is currently branded as a Quikstop Oilube and will be rebranded to Take 5 Oil Change in early 2017. The property is 1,800 rentable square feet and is situated on a 0.55 acre lot. Take 5 Oil Change is subject to a 20-year triple-net (NNN), sale-leaseback. The lease will be corporately guaranteed by Driven Brands and will commence upon close of escrow. The base annual rent will be $68,675 and will have 1.75% annual rental increases during the base term and continuing through the four, five-year tenant renewal options. The lease will be corporately guaranteed by Driven Brands. Driven Brands is an investment grade tenant with an S&P credit rating of BBB-. Driven Brands is a leader in the automotive aftermarket industry and parent company of Meineke, Maaco, CARSTAR, 1-800 Radiator and Take 5 Oil Change as well as several additional brands. These brands generate $2.5 Billion in annual system wide sales through their 2,400 locations in the U.S. and Canada. Take 5 Oil Change is located at 7505 Liberty Drive in Liberty Township, Ohio. Liberty Township, one of thirteen townships in Butler County, Ohio, is in the east-central part of the county, just south of the city of Monroe. Liberty Township is approximately twenty miles south of Cincinnati, Ohio' s third largest city. Liberty Center is located less than one-half mile from Take 5 Oil Change. Liberty Center is home to major retail brands, speciality retail brands, restaurants, cinemas, entertainment centers, 240 luxury residential units, 75,000 square feet of office, and a 130 Marriot branded AC Hotel. Lakota East High School, Liberty Junior High, and Woodland Elementary, are all located within one of the subject property and have a combined enrollment of 4,100 students. U.S. Health West Chester Hospital is located three miles from the subject property and has over 200 beds. Additionally, Cincinnati Children' s Liberty, a 42 Bed Regional Medical Center is located roughly one-half mile from the subject property.