Take 5 | Raleigh MSA | 15-Yr Abs NNN
10% Increases | Qualifies for Bonus Depreciation
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.
Sanford is emerging as one of North Carolina's most strategically positioned growth markets, attracting new residents and businesses with its affordability, access, and expanding economic base. Population growth has remained steady, supported by a younger workforce and a community-friendly environment. Rising household incomes reflect the city's positive economic trajectory, and an influx of new residents is contributing to greater consumer demand across housing, retail, and service sectors. Sanford's location between the Raleigh-Durham metro area and the Fayetteville region gives it a geographic edge, offering both small-town charm and proximity to major employment hubs.
The local housing market is evolving in step with regional demand, with increased interest from both homeowners and renters. Sanford's balance of ownership and rental opportunities signals long-term residential stability and development potential. The city is also seeing infrastructure enhancements and corridor improvements that strengthen connectivity to nearby markets. With growing amenities, expanding retail options, and convenient access to major highways, Sanford presents a compelling environment for economic activity, investment, and continued regional integration.
Investment highlights
- Brand new 2024 build to suit construction
- 15-Year absolute NNN lease with zero landlord responsibilities
- Rent commencement date shall be the close of escrow
- 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
- The subject property qualifies for bonus depreciation (discuss with a tax professional)
- Full term guarantee from an established franchise (±45 location by year end)
- Traffic counts exceed 36,000 vehicles daily (Intersection of Hwy 87 & Route 421)
- 5-Mile population of 40,000 residents, with an estimated growth of 6.38% over the next 5-years
- Average household income of ± $75,000 annually (ideal for full service oil change business)
- Sanford is located in Central North Carolina and is just 40-miles Southwest of Raleigh (State Capitol)
- Booming retail corridor with Lidl, Walmart, Chick-fil-A, Harbor Freight, Murphy USA, Cracker Barrel, Ruby Tuesday, Zaxby's, and several other national retailers nearby. Additionally, this site benefits from having a Ford, Nissan, Toyota and GMC car dealerships right next door
- Take 5 is one of the nation's leading drive-thru oil change concepts with approximately ±1200 locations across the United States
- Take 5 is growing at an exponential rate and has recently begun franchising some of their new locations
- Driven Brands owns Take 5 Oil, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more
- Driven Brands has more than 4,800 locations throughout 14 countries, and services more than 70 million vehicles annually
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