Take 5 Oil Change

• Brand new 2024 build to suit construction
• 15-Year absolute NNN lease with zero landlord responsibilities
• Rent commencement date shall be the close of escrow
• 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
• The subject property qualifies for bonus depreciation (discuss with a tax professional)
• Full term guarantee from an established franchise (±45 location by year end)
• Traffic counts exceed 36,000 vehicles daily (Intersection of Hwy 87 & Route 421)
• 5-Mile population of 40,000 residents, with an estimated growth of 6.38% over the next 5-years
• Average household income of ± $75,000 annually (ideal for full service oil change business)
• Sanford is located in Central North Carolina and is just 40-miles Southwest of Raleigh (State Capitol)
• Booming retail corridor with Lidl, Walmart, Chick-fil-A, Harbor Freight, Murphy USA, Cracker Barrel, Ruby Tuesday, Zaxby’s, and several other national retailers nearby. Additionally, this site benefits from having a Ford, Nissan, Toyota and GMC car dealerships right next door