Listed by SURMOUNT
$2,090,909
Take 5 Oil Change
Details
Property Type Retail
Sub Type Automotive - oil services
Square Footage 1,804
Cap Rate 5.50%
NOI $115,000
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change
Lease Type NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 6, 5-Year Options
Year Built 2026
Acreage 0.490
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
About This Property for Sale
Investment highlights
- 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 | The subject property benefits from its location in Florida, an income tax-free state. Ownership of an asset in an income-tax free state can provide several benefits to landlords, providing greater incentive for investment. Discuss with a Certified Public Accountant for further details.
- Excellent Positioning on Active Intersection | The Subject Property benefits from prime frontage at the intersection of N Main St and Max Legget Pkwy, two well-trafficked corridors carrying a combined average daily traffic count of nearly 20,000 vehicles (12,195 ADT on N Main St and 7,624 ADT on Max Legget Pkwy). This high-visibility, high-traffic location ensures consistent exposure to both local commuters and regional drivers, reinforcing the durability and long-term visibility of the site.
- Located Within a Growing Medical & Healthcare Corridor | The Subject Property sits at the doorstep of a rapidly expanding medical corridor anchored by UF Health North, a 168-bed full-service hospital and medical campus offering emergency, inpatient, and outpatient care. The surrounding area also includes the Jacksonville North VA Clinic, an outpatient Veterans Affairs facility serving the region's veteran population, along with River City Nursing & Rehab Center. This concentration of healthcare demand generators drives consistent daily traffic in the area.
- Exceptional Demographics in Jacksonville, FL | The property's trade area shows exceptional demographic momentum, with the 3-mile population growing 3.3% and households growing 4.7% from 2020 to 2025, well outpacing typical national averages. This growth extends across the broader trade area, with the 5-mile radius adding over 2,200 households in that same period. Household incomes are similarly strong, averaging $99,453 within 3 miles and reaching $101,934 within 5 miles, reflecting a well-positioned, growing consumer base.
- Proximity to Jacksonville International Airport | Situated just 3.6 miles from Jacksonville International Airport, the property benefits from consistent traffic generated by airport employees, travelers, and the logistics and distribution activity that clusters around major airports. This proximity supports steady daily demand from commuters and airport-related workers passing through the corridor.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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