Take 5 Oil Change (GL) | Lakewood, CO
BRAND-NEW 15-YEAR ABS NNN GROUND LEASE | INFILL LOCATION IN LAKEWOOD, CO
Marketing description
Blue West Capital and Cushman & Wakefield present the opportunity to acquire a brand-new ground lease with Take 5 Oil Change at 1705 Wadsworth Blvd in Lakewood, Colorado, within the Denver MSA. At closing, the tenant will execute a new 15-year absolute NNN ground lease with three (3) five-year renewal options.
The lease features 10% rent increases every five years and zero landlord responsibilities, offering truly passive ownership. Guaranteed by ClayCon Oil, a 25+ unit Take 5 franchisee and the brand’s 2023 Franchisee of the Year, the lease underscores operational strength and alignment with one of the fastest-growing automotive service platforms in the country.
Strategically positioned along Wadsworth Blvd, a primary north/south arterial carrying over 52,000 vehicles per day, the property benefits from excellent visibility, signalized access, and strong surrounding retail density. Minutes from Sloan’s Lake, 6th Avenue, and Downtown Denver, the site is surrounded by national retailers including Target, Walmart, King Soopers, and numerous daily-needs anchors.
The 5-mile trade area includes over 407,000 residents with an average household income exceeding $128,000, supported by dense infill housing, strong daytime employment, and continued Denver metro growth.
Investment highlights
- Brand new 15-year lease with zero landlord responsibilities and three (3) five-year renewal options.
- 10% rental increases every five years throughout the primary term and options provide hedge against inflation.
- Guaranteed by ClayCon Oil, a 25+ unit Take 5 operator named 2023 Take 5 Franchisee of the Year.
- Brand-new construction and location, opening Q2 2026.
- Strong visibility, access, and daily traffic exposure along Wadsworth Blvd (52,000+ VPD), a major north–south arterial.
- Strong daytime population supported by nearby national retailers, with 405,000+ residents within five miles and average household incomes exceeding $128,000.
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