Take 5 Oil Change
Lighted Intersection | 36,000 VPD | 10+ Year NNN Lease
Marketing description
STNL.com is pleased to present this 100% fee-simple, NNN Take 5 Oil Change located in Merritt Island, FL. Three reasons to own this property include:
1. Primary Retail Corridor : Positioned along E. Merritt Island Causeway seeing 36,000 AVPD, your Take 5 benefits from it’s own dedicated light with frontage on Merritt Island’s dominant retail corridor. Flanking both ends of the corridor surrounding Take 5 are major draws such as Home Depot, BJ’s Wholesale Club, Publix, T.J. Maxx, and Aldi, with an even broader mix of retail offerings within a 2-mile radius. The property captures consistent traffic flow from both Cocoa Beach and Merritt Island’s residential communities, as consumers travel to and from these key retail destinations.
2. Long Term, NNN Lease : Take 5 is the only nationally recognized quick oil change on Merritt Island, featuring a fee-simple NNN Lease with over 10 years of term remaining. The lease calls for 0 landlord responsibilities, ensuring a stress-free investment. Purple Square Management Co. operates 50+ Take 5 locations, with 245+ units across several brands including Dunkin, Rent-A-Center, and Popeyes among others.
3. Strong Development Pipeline: Your Take 5 is located within a rapidly growing corridor fueled by recent and planned development. Merritt Island Wellness Village, a 14-acre hospital campus with 120 beds is set for completion by mid-2027 and will replace Health First’s Cape Canaveral Hospital. A brand-new development featuring Chipotle, Wawa, Christian Brother’s Automotive, and El Car sits just 1,000 feet to the east of your Take 5. Blue Origin has filed a permit to build a new 800,000 sqft
manufacturing facility, which will bringing hundreds of jobs to the Space Coast economy of Merritt Island.
Investment highlights
1. Dedicated Traffic Light : Take 5 has a dedicated traffic signal on Merritt Island Cswy, which sees an average of 36,000 vehicles per day.
2. 10+ Year Term : Take 5 is the only nationally recognized quick oil change on Merritt Island, featuring a fee-simple NNN Lease with over 10 years of term remaining.
3. Strong Development Pipeline: 1,000 ft East of Take 5 sits a newly constructed Chipotle, Wawa, Christian Brother’s Automotive, and El Car Wash. Merritt Island Wellness Village, a 14-acre 120 bed hospital development, is set for completion in mid-2027, less than 1 mile down Merritt Island Cswy from Take 5.
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