Take 5 Oil Change

• Newer 2024 build-to-suit construction for Take 5
• 15-Year absolute NNN lease with zero landlord responsibilities
• 10% rent increases every 5 years for the entire term of the lease (base + options)
• The property qualifies for bonus depreciation (consult with a tax professional for details)
• Corporate guaranty from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
• Well position along South Transit Rd which sees nearly 30,000 vehicles daily
• Excellent visibility along Lockport’s dominant retail corridor surrounded by national retailers including Walmart Supercenter, Target, Lowe’s, Home Depot, Wegmans, Starbucks, and many more
• 5-Mile population of ±46,935 residents & 10-Mile population of 159,388 residents
• Affluent Buffalo suburb with an average household income $101,084 annually
• Lockport is located within the Buffalo-Niagara Falls MSA (population of 1.2M residents)