• 2019 retrofit of former Super Lube building
• The subject property qualifies for bonus depreciation (consult with your tax professional)
• ±7.75-years remaining on an absolute NNN lease with zero landlord responsibilities
• 10% rent increases every 5 years for the life of the lease (base term and options)
• Corporate guarantee from Driven Brands
• Traffic counts exceed ±18,000 vehicles daily
• Average household income of $64,384 annually (ideal for full-service oil change business)
• Take 5 is one of the nation’s leading drive-thru oil change concepts with approximately 1,100 locations across the United States and Canada
• Take 5 is growing at an exponential rate and has recently begun franchising new locations
• Driven Brands owns Take 5 Oil along with Take 5 Car Wash, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more
• Driven Brands has more than 5,000 locations throughout 14 countries, and services more than 70 million vehicles annually