Take 5 Oil Change | Low Rent Corporate GL | 5.50% CAP
Signalized Corner Location
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this free-standing Take 5 Oil Change with drive-thru service in St. Augustine, FL. The property is strategically located along St. Augustine's primary retail corridor with prominent visibility and access from a signalized intersection.
Investment highlights
Long-term corporately backed ground lease to leading auto services provider
Excellent visibility (40,000 VPD along US 1) and access from signalized intersection
Absolute Net ground lease provides passive ownership and stable cash flow
10% rent increases ever 5 years provides hedge against inflation
St. Johns County ranked as the #1 fastest growing County in Florida in 2022 and boasts $150,000 AHII within 3 miles
Take 5 Oil Change operates over 900 locations in the US and Canada and is owned by Driven Brands, the largest automotive services company in North America with over 4,800 locations
E-commerce and recession resistant business model with touch-free drive-thru service
Florida has no state income tax and in 2022 led the US in population growth
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
