Property History
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.
- 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
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.
- 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.
- 100% Fee Simple Interest
- Absolute NNN Lease
- Located on a Major Commercial Thoroughfare
- Surrounded by Major Retailers
- Zero Landlord Obligations
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