Auto Service - Gas-Conv
Take 5 Oil Change | Corporate | Lowe's Outparcel
1535 S Yale Ave, Tulsa, OK 74112
Listing Price: $1,953,600
Cap Rate
6.25%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
1,500
Lease Type
Absolute Net
Rent Per Square Feet
$81.40
Investment Overview
DRIVEN BRANDS
• PUBLICLY TRADED ON NASDAQ
• LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA
• 4,800+ LOCATIONS IN 15 COUNTRIES
• SYSTEM-WIDE SALES OF $5.6 BILLION
• PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE
Investment Highlights
- BRAND NEW 2023 CONSTRUCTION
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- 15-YEAR LEASE TERM FROM COE
- 1.75% ANNUAL RENTAL INCREASES
- RARE CORPORATE GUARANTY FROM DRIVEN BRANDS FUNDING, LLC
- OUTPARCEL TO LOWE'S HOME IMPROVEMENT
- OUTSTANDING 220,000+/- 5-MILE POPULATION AND GROWING
- DIRECTLY ACROSS FROM TULSA EXPO CENTER
Exclusively Listed By
Broker of Record
Auto Service - Gas-Conv
Take 5 Oil Change | Corporate | Lowe's Outparcel
Listing Price: $1,953,600
Cap Rate
6.25%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
1,500
Lease Type
Absolute Net
Rent Per Square Feet
$81.40
Investment Highlights
- BRAND NEW 2023 CONSTRUCTION
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- 15-YEAR LEASE TERM FROM COE
- 1.75% ANNUAL RENTAL INCREASES
- RARE CORPORATE GUARANTY FROM DRIVEN BRANDS FUNDING, LLC
- OUTPARCEL TO LOWE'S HOME IMPROVEMENT
- OUTSTANDING 220,000+/- 5-MILE POPULATION AND GROWING
- DIRECTLY ACROSS FROM TULSA EXPO CENTER
Investment Overview
DRIVEN BRANDS • PUBLICLY TRADED ON NASDAQ • LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA • 4,800+ LOCATIONS IN 15 COUNTRIES • SYSTEM-WIDE SALES OF $5.6 BILLION • PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE
Exclusively Listed By
Broker of Record
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