Investment Overview

ACROSS FROM TOP PERFORMING LOWE’S HOME IMPROVEMENT (TOP 20% IN THE US) • This Take 5 is positioned on Hwy 11E (40,528 VPD) directly across from a top performing Lowe’s Home Improvement that ranks in the top 20% of Lowe’s locations in the country (Placer.ai) • Located in a high growth corridor with multiple new retail & residential developments within 2 miles of the Take 5. • Significant Developments within 2 miles of this Take 5 include: • Merchants Greene: An 80 acre development including a new Walmart Supercenter, ALDI, 2 Hotels, & multiple outparcels. • New Publix Anchored Shopping Center with Academy, PetSmart, Chipotle, Panda Express, Whataburger, Speedway, Starbucks and more. • Masengill Landing (89 Homes, 80 Townhomes, 100 Apartments) directly across from this Take 5. • Additional national tenant developments: Dutch Bros, 7 Brew, Truist, Wendys, Freddy’s, and multiple strip centers. KNOXVILLE MSA | 3RD LARGEST CITY IN TN • Morristown is 45 minutes northeast of downtown Knoxville and a part of the Knoxville MSA. • Knoxville is the largest city in the East Tennessee Grand Division and the state’s third-largest city after Nashville and Memphis. • Home to the University of Tennessee which has 36,304 students enrolled and nearly 10,000 staff members. • The largest company based in Knoxville is the privately-held Pilot Flying J, the nation’s largest truck stop chain and sixth largest private company. • Over 700 manufacturing establishments are scattered throughout the Knoxville area. Sea Ray Boats is the city’s largest manufacturer, employing 760 residents. • The Knoxville area is home to 182 shopping centers and factory outlets, and over 2,400 retail establishments. 15 YEAR NNN GROUND LEASE WITH 10% RENT INCREASES • The subject property has a 15 Year NNN ground lease that will commence upon close of escrow. • This is an absolute NNN ground lease, and the tenant is 100% responsible for all taxes, insurance, CAM, roof and structure. • There are attractive 10% rent increases every 5 years in the initial term and in each of the four, 5-Year options. TAKE 5 OIL CHANGE | FASTEST GROWING OIL CHANGE OPERATOR IN THE US • Founded in Metairie, LA in 1984 and is currently the fastest growing quick service oil change operator in the United States. • Owned by Driven Brands, a ~$2.4 billion market capitalization business (NAS: DRVN) based in Charlotte, NC. • Take 5 currently has over 1,100 locations between corporate and franchisee locations, with plans to grow to over 2,000 units in the next few years. • The business model revolutionized the quick service oil change space by introducing the “stay in your car” concept while focusing on ~10 minute oil change services. • The operator, Stella Blue Ventures, has 15 locations in TN & GA with plans to open multiple locations in 2026.