Listed by Sands Investment Group Los Angeles
$1,867,039
Take 5 Oil Change - Chesterfield, MO
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 3,210
Cap Rate 6.5%
NOI $121,358
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 14.9
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $582
Year Built 1996
Year Renovated 2026
Acreage 0.540
Investment Type Net Lease
Lease Commencement 01/21/2026
Ground Lease No
Brand New 15-Year ABS NNN | Take 5 Oil Change
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 3,210 SF Take 5 Oil Change located at 13490 Olive Boulevard in Chesterfield, MO. The property is secured by a 15-year Absolute Triple Net (NNN) Lease featuring 4, 5-year renewal options, providing up to 35 years of potential lease term. The tenant is responsible for 100% of property taxes, insurance, maintenance, roof, structure, and all operating expenses, delivering a truly passive, management-free investment with stable long-term cash flow.
Investment highlights
- Brand-New 15-Year Absolute Triple Net (NNN) Lease Zero Landlord Responsibilities: This Take 5 Oil Change is leased on a 15-year Absolute Triple Net (NNN) Lease basis with 4, 5-year renewal options, delivering up to 35 years of total potential lease term. The tenant is responsible for 100% of property taxes, insurance, maintenance, roof, structure, and all operating costs, providing the investor with a true passive income stream from day 1.
- America's Fastest-Growing Quick Lube Brand | 1,300+ Locations Backed by Driven Brands (NASDAQ: DRVN): Take 5 Oil Change is a subsidiary of Driven Brands, the largest automotive services company in North America with $1.85 billion in annual revenue. Take 5 has grown from fewer than 50 locations in 2016 to over 1,300 today, posted 6.1%–6.2% same-store sales growth in fiscal 2025, and maintains a pipeline of 950+ additional locations, signaling sustained brand momentum and consumer demand.
- Built-in Rent Growth | 10% Increases Every 5 Years Through the Full Term: The lease features contractual 10% rent escalations at the start of lease year 6, 11, 16, and every 5th year thereafter through all renewal periods, providing compounding NOI growth that outpaces inflation and enhances long-term asset value without landlord intervention.
- Dual Credit Backing Personal Guaranty Plus Franchisor Collateral Assignment: The lease is personally guaranteed by the operator for a minimum of 5 lease years (with a $10M gross sales revenue burnoff threshold), supplemented by a Collateral assignment of lease to Take 5 Franchisor SPV LLC, which grants the franchisor the right, but not the obligation, to assume the lease upon tenant default, providing investors with a meaningful credit backstop beyond the individual guarantor.
- Premier Chesterfield Location: Located at the signalized intersection of Olive Boulevard and Woods Mill Road in Chesterfield, Missouri, one of the St. Louis metro area's most affluent communities. Chesterfield is home to about 49,500 residents with a median household income of $133,037, a per capita income of $75,850, and average vehicle ownership of two cars per household, creating a strong customer base and consistent demand for Take 5's quick-lube services.
- Signalized Hard Corner at Olive Blvd & Woods Mill Road With Excellent Visibility: The property occupies approximately 0.54 acres at the corner of Olive Boulevard and Woods Mill Road, 2 major Chesterfield thoroughfares. The location benefits from signalized access, strong visibility from both arterials, and proximity to Interstate 64 (approximately 1.5 miles south), which carries 139,000+ VPD and anchors the region's primary east-west commuter corridor.
- New Renovation on a 3,210 SF Freestanding Building: The property features a newly renovated freestanding building purpose-built for Take 5's prototype operations, including full site improvements, ADA-compliant access, LED lighting, and new mechanical systems. The recent buildout minimizes near-term capital expenditure risk and positions the asset for institutional-quality resale.
- Recession-Resilient, Non-Discretionary Auto Maintenance Sector: Oil changes and routine vehicle maintenance are necessity-based expenditures that perform through economic cycles. Take 5's average franchise unit generates approximately $1.36 million in gross sales with $368,000 in four-wall EBITDA per the brand's FDD, demonstrating compelling unit-level economics that support long-term lease obligations and reduce vacancy risk for the investor.
Listing Contacts
Listed by Sands Investment Group Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,358.00
$10,113.17/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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