Listed by SURMOUNT
$1,373,440
Take 5 Oil Change
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,200
Cap Rate 5.75%
NOI $78,973
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type NNN
Year Built 1989
Acreage 0.460
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition Sale for leaseback
About This Property
Investment highlights
- Bonus Depreciation | This property offers 100% bonus depreciation, offering notable tax advantages in the early years of ownership. This form of depreciation enhances after-tax cash flow and adds to overall investment returns, making this property ideal for investors looking for tax treatment on real estate holdings. Bang is not a tax advisor. Please consult your own tax professional.
- Very Strong Site Performance | This site demonstrates exceptionally strong financial performance with EBITDAR/Rent Coverage at ~5X, making it a compelling and stable investment opportunity. For more information, please contact the listing team.
- Excellent Corporate Guarantee from Driven Brands | The lease will be subject to a corporate guarantee from Driven Funding Holdco, LLC. Driven Funding Holdco, LLC is comprised of over 3,500 franchisee and corporate operated Take 5 Oil Changes as well as the royalty revenue streams of Driven Brands' other franchisees such as Meineke, Maaco, CARSTAR, Merlin, Econo Lube, and others.
- Income Tax-Free State | Ocala, Florida benefits from the state's favorable zero income tax environment, making it an attractive destination for property owners. Investors benefit from Florida's status as one of nine income tax-free states, providing a compelling advantage for long-term wealth preservation and tenant stability.
- Exceptional Traffic Counts | SE 58th Avenue sees 20,700 average daily traffic counts, providing the subject property with consistent, high-volume vehicular exposure. This robust throughput is further amplified by the dense concentration of national retailers and restaurants along the corridor, drawing a steady stream of consumers.
- Strong Industry Growth | The U.S. oil change service market size is valued at approximately $12 billion and is expected to grow at a CAGR of 5.5% from 2024 to 2030. This growth is driven by an ever-increasing number of cars on the road, a rising demand for oil change services to enhance vehicle performance, and government mandates for timely repair and maintenance of vehicles.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,973.00
$6,581.08/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
Map
Zoning
B-4 CommercialCore CommercialRegional Business
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View all 237 uses Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics
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