Auto Service - Gas-Conv
Take 5 | 15-Years Remaining | Rapidly Expanding Auto Concept
9440 Midlothian Tpke, Bon Air, VA 23235
Listing Price: $1,277,311
Investment Overview
The Tenant, Quick Lube of Carolina, recently executed a new 15-year NNN ground lease that commences in January 2025. The lease features 10 percent rental increases every five years during the base term and four, five-year option periods providing an excellent hedge against inflation. The tenant will operate in a newly constructed 1,433-square-foot building with three service bays.
Investment Highlights
- New 15-Year Ground Lease with 10 Percent Increases Every Five Years
- Prominent Signalized Intersection; Fronts 54,000 VPD
- "Guaranteed by Take 5's Largest Franchisee
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Auto Service - Gas-Conv
Take 5 | 15-Years Remaining | Rapidly Expanding Auto Concept
Listing Price: $1,277,311
Investment Highlights
- New 15-Year Ground Lease with 10 Percent Increases Every Five Years
- Prominent Signalized Intersection; Fronts 54,000 VPD
- "Guaranteed by Take 5's Largest Franchisee
Investment Overview
The Tenant, Quick Lube of Carolina, recently executed a new 15-year NNN ground lease that commences in January 2025. The lease features 10 percent rental increases every five years during the base term and four, five-year option periods providing an excellent hedge against inflation. The tenant will operate in a newly constructed 1,433-square-foot building with three service bays.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By

