Auto Service - Gas-Conv
Take 5 (2021 Construction)
2703 Airport Rd, Dalton, GA 30721
Listing Price: $2,043,000
Investment Overview
Marcus & Millichap is proud to offer for sale the Take 5 oil change facility located in Dalton, Georgia at 2703 Airport Road. The site operates under an Absolute Triple Net (tenant is responsible for all repairs and maintenance) lease that is operated by Stella Blue Ventures, LLC which is a growing multi-unit franchisee with eleven Take 5 locations regionally. The 10-year lease was originally signed in 2021 and currently is set to expire on October 31st, 2031. The lease includes 10% rent bumps every five years throughout the lease and the option periods. The property was built and opened for business in 2021 and the building is 1,500 square feet with three oil change bays. This site is ideally located at the intersection of Airport Road and East Walnut Avenue which are two main thoroughfares through east Dalton. There are over 64,000 residents who live within a five-mile radius of the Dalton Take 5 property.
Take 5 (2021 Construction)
Investment Highlights
- Absolute NNN Lease, Operated by Growing Regional Franchisee Stella Blue Ventures, LLC
- Approximately 9 Years of Remaining Lease Term with Scheduled 10% Rent Bumps Every 5 Years
- Property Situated within Walking Distance of Walmart, Dalton Mall, ALDI, Hobby Lobby and Many Other National Retailers
Exclusively Listed By
Broker of Record
Listing Price: $2,043,000
Investment Highlights
- Absolute NNN Lease, Operated by Growing Regional Franchisee Stella Blue Ventures, LLC
- Approximately 9 Years of Remaining Lease Term with Scheduled 10% Rent Bumps Every 5 Years
- Property Situated within Walking Distance of Walmart, Dalton Mall, ALDI, Hobby Lobby and Many Other National Retailers
Investment Overview
Marcus & Millichap is proud to offer for sale the Take 5 oil change facility located in Dalton, Georgia at 2703 Airport Road. The site operates under an Absolute Triple Net (tenant is responsible for all repairs and maintenance) lease that is operated by Stella Blue Ventures, LLC which is a growing multi-unit franchisee with eleven Take 5 locations regionally. The 10-year lease was originally signed in 2021 and currently is set to expire on October 31st, 2031. The lease includes 10% rent bumps every five years throughout the lease and the option periods. The property was built and opened for business in 2021 and the building is 1,500 square feet with three oil change bays. This site is ideally located at the intersection of Airport Road and East Walnut Avenue which are two main thoroughfares through east Dalton. There are over 64,000 residents who live within a five-mile radius of the Dalton Take 5 property.
Exclusively Listed By
Broker of Record
