Skip to main content

Auto Parts

Take 5 Oil Change

10767 Chantilly Pkwy, Montgomery, AL 36117

Listing Price: $1,428,571

Cap Rate
5.25%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
1,421
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.78

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 10767 Chantilly Parkway, Montgomery, AL. The subject property totals approximately 1,421 rentable square feet of building space on a total estimated 0.93-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The annual rent will be $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Corporate Guarantee from Driven Systems, LLC
  • Attractive Rental Increases |1.50% Annually Starting Year 2

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Auto Parts

Take 5 Oil Change

Listing Price: $1,428,571

Cap Rate
5.25%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
1,421
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.78

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Corporate Guarantee from Driven Systems, LLC
  • Attractive Rental Increases |1.50% Annually Starting Year 2

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 10767 Chantilly Parkway, Montgomery, AL. The subject property totals approximately 1,421 rentable square feet of building space on a total estimated 0.93-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The annual rent will be $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

MM Texture Background
MM Textured Background Lower