232 Grant Ave, Auburn, NY 13021 For Sale

Matthews™ is pleased to exclusively present the opportunity to acquire a brand-new 2025 build-to-suit Take 5 Oil Change facility located at 232 Grant Ave in Auburn, NY. This investment features a 15-year absolute NNN lease with zero landlord responsibilities, backed by a corporate guarantee from Purple Square Management Company, LLC – an experienced operator of more than 245 franchise locations across 15 states and multiple franchise brands including Take 5, Dunkin, Baskin Robbins, The Brass Tap, Popeyes, Rent-A-Center, and more.

The lease structure includes 10% rent increases every 5 years for the entire term of the lease (base + options), and the property qualifies for bonus depreciation. The asset benefits from exceptional visibility and access, with approximately 30,000 vehicles per day on Grant Ave directly in front of the store. The 5-mile population exceeds 36,000 residents, and the property enjoys strong retail synergy with national retailers such as Walmart Supercenter, Lowe's, Tractor Supply, Marshall's, Harbor Freight, and Five Below.

Take 5 Oil Change is one of the nation's leading drive-thru oil change concepts with approximately 1,500 locations across the United States, and is part of the Driven Brands portfolio which operates more than 5,000 units including Take 5 Oil, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more. Driven Brands has roughly 5,000+ locations throughout 14+ countries and services more than 70+ million vehicles annually.