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Car Wash

Take 5 Corporate Guaranteed Car Wash

1114 S Lynn Riggs Blvd, Claremore, OK 74017

Listing Price: $2,323,692

Cap Rate
6.50%
Tenant Name
Take 5 Car Wash
Years Remaining On Lease
19.1
Gross SF
900
Guarantor
Corporate Guarantee
Rentable SF
900
Price/Gross SF
$2,581.88
Lease Type
Absolute Net
Rent Per Square Feet
$167.82

Investment Overview

Marcus & Millichap is pleased to present for sale this Take 5 Car Wash located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma. Claremore is a city and county seat of Rogers County in northeastern Oklahoma. The population is over 19,580. Claremore is located in the foothills of the Ozark Mountains and is home to Rogers University and Claremont is best known as the home of
entertainer Will Rogers.
Only a few minutes from this Take 5 Car Wash Property is Rogers State University with 1,912 enrolled students and Legacy Christian School with
143 enrolled students. Also nearby are Claremore Indian Hospital with 60 Beds serving the community and Hillcrest Hospital Claremore with 89 Beds serving the community.
Brand new home developments also surround this Take 5 Car Wash Property including Stone Canyon located on over 3,000 acres and with over 800 various homesites available. Also nearby is the sold-out King Ridge by Rausch Coleman and The Estates at Stone Creek by D.R. Horton.
Numerous apartment complexes surround this property including Annex Apartments, Claremore Estates, Asheville Apartments, The Lofts of Claremore, Will Rogers Lofts, Eagles Nest, Deer Run, Lakeshore and Cherokee Apartments.
Take 5 Car Wash is a national chain of express car washes that deliver fast, friendly, and convenient service. Take 5 Car Wash is part of the Driven Brand Family. Headquartered in Charlotte, North Carolina, Take 5 Car Wash is the largest express car wash operator in the United States with 360 sites
nationwide.

Investment Highlights

  • Corporate Guarantee | Driven Brands Inc +/- 1,100 Locations
  • Absolute NNN | Zero Landlord Responsibility
  • Take 5 Car Wash Located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma (Population 19,580)
  • Few Minutes From this Property is Rogers State University (1,912 Enrolled Students), Legacy Christian School (143 Enrolled Students), Claremore Indian Hospital (60 Beds) and Hillcrest Hospital Claremore (89 Beds)
  • Brand New Home Developments Nearby Include Stone Canyon on 3,000 Acres and over 800 Homesites Available; Sold Out King Ridge by Rausch Coleman, and The Estates at Stone Creek by D.R. Horton
  • Take 5 Car Wash is the Largest Express Car Wash Operator in the United States with 360 Sites nationwide and Part of the Driven Brand Family

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Car Wash

Take 5 Corporate Guaranteed Car Wash

Listing Price: $2,323,692

Cap Rate
6.50%
Tenant Name
Take 5 Car Wash
Years Remaining On Lease
19.1
Gross SF
900
Guarantor
Corporate Guarantee
Rentable SF
900
Price/Gross SF
$2,581.88
Lease Type
Absolute Net
Rent Per Square Feet
$167.82

Investment Highlights

  • Corporate Guarantee | Driven Brands Inc +/- 1,100 Locations
  • Absolute NNN | Zero Landlord Responsibility
  • Take 5 Car Wash Located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma (Population 19,580)
  • Few Minutes From this Property is Rogers State University (1,912 Enrolled Students), Legacy Christian School (143 Enrolled Students), Claremore Indian Hospital (60 Beds) and Hillcrest Hospital Claremore (89 Beds)
  • Brand New Home Developments Nearby Include Stone Canyon on 3,000 Acres and over 800 Homesites Available; Sold Out King Ridge by Rausch Coleman, and The Estates at Stone Creek by D.R. Horton
  • Take 5 Car Wash is the Largest Express Car Wash Operator in the United States with 360 Sites nationwide and Part of the Driven Brand Family

Investment Overview

Marcus & Millichap is pleased to present for sale this Take 5 Car Wash located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma. Claremore is a city and county seat of Rogers County in northeastern Oklahoma. The population is over 19,580. Claremore is located in the foothills of the Ozark Mountains and is home to Rogers University and Claremont is best known as the home of entertainer Will Rogers. Only a few minutes from this Take 5 Car Wash Property is Rogers State University with 1,912 enrolled students and Legacy Christian School with 143 enrolled students. Also nearby are Claremore Indian Hospital with 60 Beds serving the community and Hillcrest Hospital Claremore with 89 Beds serving the community. Brand new home developments also surround this Take 5 Car Wash Property including Stone Canyon located on over 3,000 acres and with over 800 various homesites available. Also nearby is the sold-out King Ridge by Rausch Coleman and The Estates at Stone Creek by D.R. Horton. Numerous apartment complexes surround this property including Annex Apartments, Claremore Estates, Asheville Apartments, The Lofts of Claremore, Will Rogers Lofts, Eagles Nest, Deer Run, Lakeshore and Cherokee Apartments. Take 5 Car Wash is a national chain of express car washes that deliver fast, friendly, and convenient service. Take 5 Car Wash is part of the Driven Brand Family. Headquartered in Charlotte, North Carolina, Take 5 Car Wash is the largest express car wash operator in the United States with 360 sites nationwide.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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