Meineke Car Care
Retail | 6.25% CAP | 4,097 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Meineke Car Care located at 2260 East Livingston Avenue, Columbus, OH 43209. The site consists of roughly 4,097 rentable square feet of building space on an estimated 0.50-acre parcel of land. This Meineke Car Care is subject to a 20-year Triple Net (NNN) lease, which commenced 11/10/2025. The current annual rent is $82,586 and has scheduled increases of 10.00% every 5 years.
Investment highlights
Brand New 20-Year Absolute Triple Net Lease | This Meineke is subject to a 20-year lease with zero landlord responsibilities making this an ideal, hands off investment.
Attractive 10% Rental Increases Every 5 Years | The lease includes 10% rental increases every 5 years, which increase the NOI to over 33% across the 20-year term, providing a strong hedge against inflation.
Second-Largest Meineke Franchisee in the Nation — Operated by Marcor Under Driven Brands, Inc. | This Meineke is operated by Marcor, the second-largest Meineke franchisee nationwide under Driven Brands, Inc., with a proven track record across a 39-location portfolio, demonstrating scale, operational expertise, and long-term brand commitment.
Strong Franchise & Personal Guarantees | The lease is supported by both Marcor’s 39-unit franchisee guarantee and a personal guarantee from CEO Scott Martin, delivering institutional-quality credit strength and minimized landlord risk.
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