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Auto Service - Gas-Conv

Take 5 Oil Change | Rare Corp. Guaranty

1103 S Valley Mills Dr, Waco, TX 76711

Listing Price: $1,380,000

Cap Rate
6.00%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
1,559
Lease Type
Absolute Net
Rent Per Square Feet
$53.09

Investment Overview

DRIVEN BRANDS
• PUBLICLY TRADED ON NASDAQ
• LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA
• 4,400+ LOCATIONS IN 15 COUNTRIES
• SYSTEM-WIDE SALES OF $4 BILLION
• PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE

Investment Highlights

  • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
  • 15-YEAR REMAINING LEASE TERM
  • 2% ANNUAL RENTAL INCREASES
  • RARE CORPORATE GUARANTY FROM DRIVEN SYSTEMS, LLC
  • 130,000+/- 5-MILE POPULATION AND GROWING
  • LOCATED ON SOUTH VALLEY MILLS DRIVE | 33,290 VPD

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

Take 5 Oil Change | Rare Corp. Guaranty

Listing Price: $1,380,000

Cap Rate
6.00%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
1,559
Lease Type
Absolute Net
Rent Per Square Feet
$53.09

Investment Highlights

  • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
  • 15-YEAR REMAINING LEASE TERM
  • 2% ANNUAL RENTAL INCREASES
  • RARE CORPORATE GUARANTY FROM DRIVEN SYSTEMS, LLC
  • 130,000+/- 5-MILE POPULATION AND GROWING
  • LOCATED ON SOUTH VALLEY MILLS DRIVE | 33,290 VPD

Investment Overview

DRIVEN BRANDS • PUBLICLY TRADED ON NASDAQ • LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA • 4,400+ LOCATIONS IN 15 COUNTRIES • SYSTEM-WIDE SALES OF $4 BILLION • PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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