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903 OHIO AVE S Live Oak FL 32064-3819

APN 2602S13E07579020010

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Details
Property Type Retail
Sub Type Auto Shop, Convenience Store (+1)
Building SqFt 1,517
Lot SqFt 18,842
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-I
Year Built 2000
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Gas Station, Auto Shop
Asking Details
Asking Price
$1,381,041
Asking Cap Rate
5.75%
Asking NOI
$79,409.88
Marketing Description

Take 5 is a leading quick-lube and vehicle maintenance brand in the U.​S.​, renowned for its signature "drive-through, stay-in-your-car" oil change concept.​ The company emphasizes speed, convenience, and customer experience, differentiating itself in the automotive services sector through operational efficiency and a no-hassle service model.​ As part of a broader automotive services platform, Take 5 capitalizes on national support systems and brand alignment while retaining its own market identity.​

Originally founded in 1984, Take 5 evolved from a regional fast-lube concept to a scaled franchising platform.​ Over time, the brand has grown its footprint through organic growth and franchise expansion.​

Investment Highlights
  • ​2019 retrofit of former Super Lube building
  • ​The subject property qualifies for bonus depreciation (consult with your tax professional)
  • ​±7.50-years remaining on an absolute NNN lease with zero landlord responsibilities
  • ​10% rent increases in 2029 and in option periods
  • ​Corporate guarantee from Driven Brands
  • ​Traffic counts exceed ±18,000 vehicles daily
  • ​Average household income of $64,384 annually (ideal for full-service oil change business)
  • ​Take 5 is one of the nation's leading drive-thru oil change concepts with approximately 1,100 locations across the United States and Canada
  • ​Take 5 is growing at an exponential rate and has recently begun franchising new locations
  • ​Driven Brands owns Take 5 Oil along with Take 5 Car Wash, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more
  • ​Driven Brands has more than 5,000 locations throughout 14 countries, and services more than 70 million vehicles annually
Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station, Auto Shop
Marketing Description

Take 5 is a leading quick-lube and vehicle maintenance brand in the U.S., renowned for its signature "drive-through, stay-in-your-car" oil change concept. The company emphasizes speed, convenience, and customer experience, differentiating itself in the automotive services sector through operational efficiency and a no-hassle service model. As part of a broader automotive services platform, Take 5 capitalizes on national support systems and brand alignment while retaining its own market identity.

Originally founded in 1984, Take 5 evolved from a regional fast-lube concept to a scaled franchising platform. Over time, the brand has grown its footprint through organic growth and franchise expansion.

Investment Highlights
  • 2019 retrofit of former Super Lube building
  • The subject property qualifies for bonus depreciation (consult with your tax professional)
  • ±7.75-years remaining on an absolute NNN lease with zero landlord responsibilities
  • 10% rent increases every 5 years for the life of the lease (base term and options)
  • Corporate guarantee from Driven Brands
  • Traffic counts exceed ±18,000 vehicles daily
  • Average household income of $64,384 annually (ideal for full-service oil change business)
  • Take 5 is one of the nation's leading drive-thru oil change concepts with approximately 1,100 locations across the United States and Canada
  • Take 5 is growing at an exponential rate and has recently begun franchising new locations
  • Driven Brands owns Take 5 Oil along with Take 5 Car Wash, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more
  • Driven Brands has more than 5,000 locations throughout 14 countries, and services more than 70 million vehicles annually
  • Recurring Demand in a Defensive Sector - Take 5 operates in the automotive aftermarket services industry—a non-discretionary, recession-resilient sector supported by ongoing vehicle maintenance needs. Its core offering of quick, convenient oil changes ensures consistent customer traffic and repeat visitation.
  • Franchise and Corporate Scale - With a growing network of over 1,500 locations nationwide, Take 5 benefits from both corporate-owned and franchised operations. This dual structure allows for rapid market penetration while maintaining brand control and operational efficiency.
  • Strong Backing from Driven Brands - As a subsidiary of Driven Brands (NASDAQ: DRVN), Take 5 enjoys the operational expertise, centralized purchasing, and strategic capital of one of the largest automotive services companies in North America. This backing enhances credit quality, scalability, and national brand presence.
  • Simplified Operations and Low CapEx - Take 5's "stay-in-your-car" model minimizes real estate footprint and operational complexity, making it ideal for net lease investment. The service format supports high throughput with minimal staffing and capital requirements.
Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Document Number
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Document Type
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Recording Book
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Recording Page
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Property Type
Property Type
Retail
Asking Details
Asking Cap Rate
******
Marketing Description
The Kase Group is pleased to present this Absolute NNN Leased Take 5 Oil Change in Live Oak, Florida. The lease calls for zero landlord obligations and expires on February 6, 2034. Take 5 Oil Change also has 10% increases in rent every 5 years. The asset is well situated on a major commercial thoroughfare and is surrounded by major retailers including CVS pharmacy, Advance Auto Parts and KFC.
Investment Highlights
  • 100% Fee Simple Interest
  • Absolute NNN Lease
  • Located on a Major Commercial Thoroughfare
  • Surrounded by Major Retailers
  • Zero Landlord Obligations

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-I CommercialSpecial CommercialCommercial Intensive
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
KA
Kase Abusharkh PRO
LIC: TX 708586 (+4)
•••.•••.1844
kase@••••••••••••.com
Brokerage logo
Sold on
 BY:
JA
Jacob Abusharkh PRO
LIC: CA 01385529 (+2)
•••.•••.2474
•acob@••••••••••••.com
Brokerage logo
Sold on
 BY:
CC
Clint Conway
LIC: FL BK3084547
•••.•••.5247
•••••••••••vest@•••••.com
Brokerage logo
Listing removed on
 BY:
JB
Josh Bishop PRO
LIC: 688810
•••.•••.2289
••••.••shop@••••••••.com
Brokerage logo

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