Listed by Oliver Smith Realty & Development Company
$2,080,000
Take 5 Oil Change, Clinton TN
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,836
Cap Rate 6.25%
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type NNN
Lease Term 15
Rent Bumps Yes
Lease Options Yes
Acreage 0.490
Retail | 6.25% CAP | 1,836 SqFt
Marketing description
Property Information
1,836 SF; 0.49 Acres
$2,080,000
6.25% CAP Rate
NNN Lease: 15-year base rental term with 10% increases every 5 years
Four 5 year options with 10% increases
Multi-Unit operator - Franchisee currently operates 16 Take 5 Oil Change locations
Traffic Count: 24,758 N Charles G Seivers Blvd; 50,603 I-75
Retail Nearby: Arby’s, Bojangles, Sonic, Walgreens, Starbucks, McDonald’s, Walmart
Demographics: 3-Mile 5-Mile 7-Mile
Population: 6,910 20,164 38,199
Avg Household Income: $101,326 $77,940 $78,704
Listing Contacts
Listed by Oliver Smith Realty & Development Company
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