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31345101
31345102

U.S. 98 & N Alf Coleman Rd, Panama City Beach, FL 32407

ZH
FL SL3612144
Atlantic Capital Partners
NH
FL SL3627391, IL 475.198321
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$1,619,000
69 days on market
Updated 69 days ago

Take 5 Oil Change | Panama City Beach, FL

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 1,430
Cap Rate 5.25%
NOI $85,000
Tenancy Single
Brand/Tenant Take 5 Oil Change, Valvoline
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/30/2046
Remaining Term 20
Rent Bumps Yes
Lease Options 4 X 5
Broker Co-Op Yes
Class A
Year Built 2026
Acreage 1.330
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2026
Ground Lease Yes
Ownership Private

20-Yr Ground Lease | Corporate Guarantee | 5.25% CAP

Marketing description

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this brand-new Take 5 Oil Change in Panama City Beach, FL. The investment opportunity features a 20-year corporate backed ground lease with 10% rental increases every 5 years and four (4) 5-year options. The site benefits from direct frontage on Panama City Beach Pkwy (U.S. 98), a main east-to-west thoroughfare connecting Pensacola to Palm Beach (671 miles).

Investment highlights

CORPORATE GROUND LEASE

Brand-new 20-year ground lease to Take 5 Oil Change with rare corporate guaranty

CONSISTENT FINANCIAL GROWTH

In Q3 2025, Take 5 reported their 19th consecutive quarter of growth in same store sales

INFLATION HEDGE

Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth

PASSIVE OWNERSHIP

Absolute net ground lease provides passive ownership and stable cash flow for an absentee owner

RAPIDLY GROWING TENANT

Take 5 surpassed 500 franchise locations in 2025 | 110% franchise growth in just 3 years | Ranked #27 on Entrepreneur’s 2025 Fastest Growing Franchises list

HIGH PROFILE LOCATION

Direct accessibility from U.S. 98 which sees 50,000 VPD | known as the “spine” of Florida

2ND FASTEST GROWING METRO AREA

Panama City-Panama City Beach ranked 2nd nationally in population growth from 2023 to 2024 | 3.8% overall growth in 2024

THE SUNSHINE STATE

Florida leads the nation in population and capital migration and Florida owners benefit from no state income tax and a business friendly political climate

Listing Contacts

ZH
FL SL3612144
Atlantic Capital Partners
NH
FL SL3627391, IL 475.198321
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$85,000.00
$7,083.33/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Zack Hilgendorf
License
SL3612144
Name
Nick Hilgendorf
License
SL3627391
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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