Auto Service - Gas-Conv
Take 5 Oil Change
7615 Shawnee Mission Pkwy, Overland Park, KS 66202
Listing Price: $1,928,500
Cap Rate
7.00%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.3
Guarantor
Franchisee Guarantee
Rentable SF
3,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.19
Investment Overview
Marcus & Millichap is pleased to present for sale, Take 5 Oil Change, located in Overland Park, Kansas.
Take 5 Oil Change
Investment Highlights
- New 15-Year Lease Term at Closing – 10 Percent Rent Increases Every Five Years
- Rapidly Growing Operator - Tenant Currently has Seven Sites Open with Additional Sites Pending
- Tenant has Exclusive Rights to Operate in the Kansas City Metro Area with an Agreement to Open at Least 16 Locations, and Plans to Open at Least 20 Plus
- Fee Simple Ownership with Absolute Triple-Net Lease – Zero Landlord Responsibilities
- Surrounded by National Retailers – Including Target, Hobby Lobby, Home Depot, Planet Fitness, Ross, Marshalls, IKEA, OfficeMax
Broker of Record
Financing By
Listing Price: $1,928,500
Cap Rate
7.00%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
15.3
Guarantor
Franchisee Guarantee
Rentable SF
3,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$42.19
Investment Highlights
- New 15-Year Lease Term at Closing – 10 Percent Rent Increases Every Five Years
- Rapidly Growing Operator - Tenant Currently has Seven Sites Open with Additional Sites Pending
- Tenant has Exclusive Rights to Operate in the Kansas City Metro Area with an Agreement to Open at Least 16 Locations, and Plans to Open at Least 20 Plus
- Fee Simple Ownership with Absolute Triple-Net Lease – Zero Landlord Responsibilities
- Surrounded by National Retailers – Including Target, Hobby Lobby, Home Depot, Planet Fitness, Ross, Marshalls, IKEA, OfficeMax
Investment Overview
Marcus & Millichap is pleased to present for sale, Take 5 Oil Change, located in Overland Park, Kansas.
Broker of Record
Financing By
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