554 Meadow Rd, Lehigh Acres, FL 33973

Brand-New 2026 Construction — Latest Take 5 Prototype

This is a ground-up, build-to-suit Take 5 constructed to the brand's newest prototype and design standards, with completion and grand opening scheduled for October 2026. As a first-generation, never-before-occupied building, it offers an investor the most modern, highest-performing iteration of the concept — purpose-built for the tenant's stay-in-your-car operating model and positioned to drive strong unit-level performance from day one.

Long-Term, Passive 15-Year Absolute NNN Lease

The lease carries a full 15-year primary term on a triple-net structure, placing responsibility for taxes, insurance, and maintenance on the tenant and creating a truly passive, mailbox-money investment with no landlord management obligations — ideal for investors seeking durable, hands-off income.

Built-In Rent Growth as an Inflation Hedge

Contractual 10% rent increases every five years hedge inflation and drive a rising NOI throughout the term.

Proven, Well-Capitalized Multi-Unit Operator

Backed by an experienced franchisee operating 18 Take 5 locations with 13 more in development — a 31-unit pipeline. This is their 21st site, reflecting an operator with the scale and capital to execute.

Tenant Backed by North America's Largest Automotive Services Platform

Take 5 is a flagship brand of Driven Brands (NASDAQ: DRVN), the largest automotive services company in North America, with nearly 1,300 centers across North America and roughly $1.4 billion in 2024 systemwide sales. Take 5 same-store sales grew approximately 6.1%–6.2% in fiscal 2025.

Recession-Resistant, E-Commerce-Proof Model

Routine oil changes are non-discretionary and immune to online competition. Take 5's stay-in-your-car format completes service in about 10 minutes, driving high throughput and resilience across cycles.

Robust Development Pipeline & Population Tailwinds

The Lehigh Acres planning district has 38 active developments representing more than 2.6 million SF of commercial space, 438,400 SF of industrial space, and over 8,000 residential units, including large master-planned communities. The Lee County School District is also building new schools to serve the growing east zone, with ongoing road-widening throughout the area driving rooftop and vehicle-count growth that directly benefits an automotive-service tenant.