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Auto Service - Gas-Conv

Take 5 Oil Change

5870 Cumming Hwy NE, Sugar Hill, GA 30518

Listing Price: $1,390,000

Cap Rate
4.75%
Tenant Name
Take 5
Years Remaining On Lease
9.6
Gross SF
1,500
Guarantor
Franchisee Guarantee
Rentable SF
1,500
Price/Gross SF
$926.67
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.00

Investment Overview

Take Five Oil Change occupies the subject property on a NNN ground lease that commenced on February 1st, 2022. The lease features four (4) 5-year extension options and 10% increases every five years. Construction of the subject property was completed in April of 2022.

Investment Highlights

  • New 10-Year Absolute Absolute Triple Net Ground Lease - New Construction
  • Low Surrounding Oil Change Competition
  • Across the Street from Heavily Trafficked Grocery Anchored Shopping Center
  • Affluent Demographics and Booming Population
  • Located in Sugar Hill, Georgia 30 Miles From Downtown Atlanta

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Auto Service - Gas-Conv

Take 5 Oil Change

Listing Price: $1,390,000

Cap Rate
4.75%
Tenant Name
Take 5
Years Remaining On Lease
9.6
Gross SF
1,500
Guarantor
Franchisee Guarantee
Rentable SF
1,500
Price/Gross SF
$926.67
Lease Type
NNN Ground Lease
Rent Per Square Feet
$44.00

Investment Highlights

  • New 10-Year Absolute Absolute Triple Net Ground Lease - New Construction
  • Low Surrounding Oil Change Competition
  • Across the Street from Heavily Trafficked Grocery Anchored Shopping Center
  • Affluent Demographics and Booming Population
  • Located in Sugar Hill, Georgia 30 Miles From Downtown Atlanta

Investment Overview

Take Five Oil Change occupies the subject property on a NNN ground lease that commenced on February 1st, 2022. The lease features four (4) 5-year extension options and 10% increases every five years. Construction of the subject property was completed in April of 2022.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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