829 Blackwood Clementon Rd | Lindenwold, NJ 08021
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829 Blackwood Clementon Rd
Lindenwold, NJ 08021
Take 5 Oil Change · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN lease with strong guaranty
- Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3B in system-wide sales)
- New high-quality 2023 construction built to latest Take 5 Oil Change prototype
- Rare annual rental increases in initial term and option periods, providing a long-term income generator
- The fee-simple asset qualifies for Bonus Depreciation (80% in 2023), vs. standard 39-year schedule for most commercial properties
- Drive-thru oil change in less than five minutes, with the customer remaining in their vehicle during service
Property Facts
Property Type
Retail
Property Subtype
Retail
Building Size
2,079 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.37 AC
Parking
9 Spaces (6.74 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 22-00240-0000-00001-01 | Improvements Assessment | $200,000 |
| Land Assessment | $82,500 | Total Assessment | $282,500 |
Property Taxes
Parcel Number
22-00240-0000-00001-01
Land Assessment
$82,500
Improvements Assessment
$200,000
Total Assessment
$282,500
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