Take 5 Oil Change
Clayton, OH
Key Details
| Price: | $1,600,000 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $100,000 |
| Address: | 825 Union Boulevard, Clayton, Ohio 45315 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.65 Acres |
| Building Size: | 1,435 SF |
| Year Built: | 2023 |
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 825 Union Boulevard, Clayton, Ohio 45315. The site consists of roughly 1435 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $100,000 and has scheduled increases of 1.50% Annually.
About the Investment
- Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
- Corporate Guarantee from Driven Brands Funding, LLC (3,500+ Units)
- Attractive Rental Increases | 1.50% Annually Starting Year 2
- Four (4), Five (5)-Year Tenant Renewal Options
About the Location
- Dense Retail Corridor | Walmart, Walgreens, Rite-Aid, Dollar General, Dollar Tree, Meijer, ALDI, Petco, Kroger, Auto Zone, O’Reilly Auto Parts, McDonald’s, Domino’s, Wendy’s, Taco Bell, Dunkin’, Subway, Waffle House and Many More
- Strong Demographics | Population Exceeds 244,528 Individuals Within a Ten-Mile Radius
- Strong Real Estate Fundamentals | Located Less Than 15-Miles from Downtown Dayton, OH
- Strong Traffic Counts | Over 13,100 and 63,500 Vehicles Per Day Along Union Road and Interstate-70
- Dayton International Airport | Located Approximately Six-Miles Away
- Affluent Community | Average Household Income Exceeding $ 80,000 Within a Three-Mile Radius
Key Details
| Price: | $1,600,000 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $100,000 |
| Address: | 825 Union Boulevard, Clayton, Ohio 45315 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.65 Acres |
| Building Size: | 1,435 SF |
| Year Built: | 2023 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Edward Otocka
eotocka@nnnpro.com
License: NY: 10401298466
Amelia Haydock
ahaydock@nnnpro.com
License: NY: 10401334976
Francis Purritano
fpurritano@nnnpro.com
License: NY: 10401333619
Gordon Pollock
gpollock@nnnpro.com
License: NY: 10401370688
Broker of Record
Brian Brockman
Bang Realty, Inc
License: BRK.2009000214
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.