7945 WATSON RD, SAINT LOUIS, MO 63119-5410 For Sale

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the single tenant absolute NNN leased Take 5 Oil Change in St. Louis, MO. Take 5 is owned by Driven Brands (NASDAQ: DRVN), the largest automotive aftermarket company in North America and operates over 4,800 automotive oriented service centers across 13 countries. The new long-term lease has a 15-year primary term with four 5-year option periods, 10% rent increases every 5 years and an unconditional guaranty providing worry-free income for years to come.

The 1,700 SF standalone building on 0.56-acre parcel is strategically located on the hard corner signalized intersection of Watson Drive and S Laclede Station Road which sees over 41,200 VPD and is 12 miles from downtown St. Louis, MO (MSA population exceeding 2.8 million). Nearby retailers include Walmart Supercenter, ALDI, Dierbergs Markets, Walgreens, CVS Pharmacy, 7-Eleven, Circle K, McDonald’s, Taco Bell, Jack in the Box and More.

This is an excellent opportunity to purchase an absolute NNN leased essential service tenant with an unconditional guaranty, strong rent increases and no landlord duties, providing effortless income for a hands-off investor.