Auto Service - Gas-Conv
Take 5-Brand New 15 Yr Corp NNN-100% Bonus Depreciation
6190 Hollywood Blvd, Hollywood, FL 33024
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a rare, Fee Simple (Land and Building) Corporate-Guaranteed Take 5 Oil Change which qualifies for 100% Bonus Depreciation. It is located on Hollywood Blvd, one of South Florida’s primary east-west thoroughfares with excellent visibility and access. This brand-new Take 5 is subject to a 15-year absolute triple net lease with four (4) five-year options to extend and 8% rent increases every 5 years, offering a passive, long-term income stream with built-in growth protection. Take 5 is in possession of the premises, about to start renovation/construction, and expected to open in early summer 2026. The subject property features Take 5 Oil Change’s modern drive-thru prototype, situated on a 0.34-acre (14,810 SF) parcel with a 1,257 SF facility. Designed for speed and convenience, the Take 5 model allows customers to remain in their vehicles for fast professional oil changes and maintenance services.
This new Take 5 Oil Change is located along Hollywood Blvd with a traffic count of 44,000+ VPD and benefits from immediate proximity to the Florida Turnpike (141,000+ VPD). This densely populated area has 179,000+ residents and solid average household income of $79,000 within 3-mile radius.
The property benefits from its strategic position in one of South Florida’s fastest-growing markets in Broward County. Hollywood continues to experience significant residential and commercial expansion, with over 220 residential units planned and being built out in a 1 MI radius of subject- driving increased traffic and long-term demand for essential quick-service automotive businesses.
Take 5 Oil Change, a leading brand under publicly traded Driven Brands Holdings Inc. (NASDAQ: DRVN), is one of the fastest-growing quick-lube concepts in North America with over 1,100 locations. Backed by a parent company generating approximately $2.3 billion in annual revenue (FY 2024) and a corporate guarantee, the brand offers strong institutional-grade investment security and a proven model focused on speed, convenience, and customer loyalty. This site represents a new development underscoring the company’s continued expansion in high-traffic South Florida markets.
Investment Highlights
- Corporate Guarantee: Credit Rated Parent Company–NASDAQ: DRVN–BBB Rating
- Long Term Absolute NNN Lease (Land And Building): 15 Year Term-8% Rental Increases Every 5 Years-Hedge Against Inflation
- Excellent Visibility & Access: Frontage on Hollywood Blvd & Stone's Throw From FL Turnpike–Combined 185,000+ VPD
- Densely Populated Area: 179,000+ People W/ AHHI of $79,000+ Within 3 MI Radius
- No Competition Nearby: Closest Quick Lube Oil Change Facility 1+ Miles Away
- Complete Gut Renovation: Take 5 is in The process of a Renovation and Re-Imaging Prior to This Summer's Opening
- Constant Area Growth: 200+ Residential Units Planned/Being Built Out Within 1 MI From Subject
- Qualifies For 100% Bonus Depreciation: Contact Listing Agent For Estimate of Savings
Exclusively Listed By
Auto Service - Gas-Conv
Take 5-Brand New 15 Yr Corp NNN-100% Bonus Depreciation
Listing Price: $2,500,000
Investment Highlights
- Corporate Guarantee: Credit Rated Parent Company–NASDAQ: DRVN–BBB Rating
- Long Term Absolute NNN Lease (Land And Building): 15 Year Term-8% Rental Increases Every 5 Years-Hedge Against Inflation
- Excellent Visibility & Access: Frontage on Hollywood Blvd & Stone's Throw From FL Turnpike–Combined 185,000+ VPD
- Densely Populated Area: 179,000+ People W/ AHHI of $79,000+ Within 3 MI Radius
- No Competition Nearby: Closest Quick Lube Oil Change Facility 1+ Miles Away
- Complete Gut Renovation: Take 5 is in The process of a Renovation and Re-Imaging Prior to This Summer's Opening
- Constant Area Growth: 200+ Residential Units Planned/Being Built Out Within 1 MI From Subject
- Qualifies For 100% Bonus Depreciation: Contact Listing Agent For Estimate of Savings
Investment Overview
Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a rare, Fee Simple (Land and Building) Corporate-Guaranteed Take 5 Oil Change which qualifies for 100% Bonus Depreciation. It is located on Hollywood Blvd, one of South Florida’s primary east-west thoroughfares with excellent visibility and access. This brand-new Take 5 is subject to a 15-year absolute triple net lease with four (4) five-year options to extend and 8% rent increases every 5 years, offering a passive, long-term income stream with built-in growth protection. Take 5 is in possession of the premises, about to start renovation/construction, and expected to open in early summer 2026. The subject property features Take 5 Oil Change’s modern drive-thru prototype, situated on a 0.34-acre (14,810 SF) parcel with a 1,257 SF facility. Designed for speed and convenience, the Take 5 model allows customers to remain in their vehicles for fast professional oil changes and maintenance services. This new Take 5 Oil Change is located along Hollywood Blvd with a traffic count of 44,000+ VPD and benefits from immediate proximity to the Florida Turnpike (141,000+ VPD). This densely populated area has 179,000+ residents and solid average household income of $79,000 within 3-mile radius. The property benefits from its strategic position in one of South Florida’s fastest-growing markets in Broward County. Hollywood continues to experience significant residential and commercial expansion, with over 220 residential units planned and being built out in a 1 MI radius of subject- driving increased traffic and long-term demand for essential quick-service automotive businesses. Take 5 Oil Change, a leading brand under publicly traded Driven Brands Holdings Inc. (NASDAQ: DRVN), is one of the fastest-growing quick-lube concepts in North America with over 1,100 locations. Backed by a parent company generating approximately $2.3 billion in annual revenue (FY 2024) and a corporate guarantee, the brand offers strong institutional-grade investment security and a proven model focused on speed, convenience, and customer loyalty. This site represents a new development underscoring the company’s continued expansion in high-traffic South Florida markets.
Exclusively Listed By