Investment Overview

This brand-new 15-year ground lease features a newly constructed Take 5 Oil Change, guaranteed by Driven Brands Inc. (NASDAQ: DRVN). Founded in 1984, Take 5 has over 1,100 locations across the U.S. and Canada, with agreements to open approximately 1,300 more units. Rent commenced in March 2025, with 10 percent increases every five years and three five-year renewal options. The property is strategically located just off Market Street and US Route 224—one of the busiest intersections in the Youngstown area—surrounded by national retailers like Walgreens, Chick-fil-A, Meijer, and directly across from Southern Park Mall, which sees 4.7 million annual visitors. It also benefits from proximity to Southwoods Health Medical Campus and the Boardman Public School District, key economic and traffic drivers. With over 111,000 residents within a five-mile radius, this is a premier location in northeast Ohio.