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Auto Service - Gas-Conv

Take 5 Oil Change | Jacksonville, FL

8539 Beach Blvd, Jacksonville, FL 32216

Listing Price: $1,668,000

Cap Rate
5.75%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
1,196
Lease Type
Absolute Net
Rent Per Square Feet
$80.22

Investment Overview

NEW 10-Year Lease Extension
- Take 5 Oil Change just signed a fresh 10-year lease extension, showing continued commitment to the location

30+ Year Quick Lube Operating History
- This site has successfully operated as a quick lube since construction in 1995

Lease
- 10-years remaining on base term
- NNN – NO landlord responsibility
- 10% Rent Increases Every 5-years
- Two, 5-Year options
- Corporate Guarantee

Strong Performing Store / PlacerAI
- PlacerAI ranks this store in the top 85th percentile for all Take 5’s in Florida and top 80th percentile for all Take 5’s nationwide

Location
- Beach Blvd sees 60,5000 cars per day!
- Located on the signalized intersection of Beach Blvd & Grove Park Blvd, which sees a combined 65,900 cars per day!
- Located on a signalized intersection with multiple access points
- Incredible demographics:
o Population 8,800+ (one-mile) | 91,000+ (three-mile) | 236,000+ (five-mile)

Investment Highlights

  • NEW 10-Year Lease Extension - Take 5 Oil Change just signed a fresh 10-year lease extension, showing continued commitment to the location
  • 30+ Year Quick Lube Operating History - This site has successfully operated as a quick lube since construction in 1995
  • Strong Performing Store / PlacerAI - PlacerAI ranks this store in the top 85th percentile for all Take 5's in Florida and top 80th percentile for all Take 5's nationwide

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Take 5 Oil Change | Jacksonville, FL

Listing Price: $1,668,000

Cap Rate
5.75%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
1,196
Lease Type
Absolute Net
Rent Per Square Feet
$80.22

Investment Highlights

  • NEW 10-Year Lease Extension - Take 5 Oil Change just signed a fresh 10-year lease extension, showing continued commitment to the location
  • 30+ Year Quick Lube Operating History - This site has successfully operated as a quick lube since construction in 1995
  • Strong Performing Store / PlacerAI - PlacerAI ranks this store in the top 85th percentile for all Take 5's in Florida and top 80th percentile for all Take 5's nationwide

Investment Overview

NEW 10-Year Lease Extension - Take 5 Oil Change just signed a fresh 10-year lease extension, showing continued commitment to the location 30+ Year Quick Lube Operating History - This site has successfully operated as a quick lube since construction in 1995 Lease - 10-years remaining on base term - NNN – NO landlord responsibility - 10% Rent Increases Every 5-years - Two, 5-Year options - Corporate Guarantee Strong Performing Store / PlacerAI - PlacerAI ranks this store in the top 85th percentile for all Take 5’s in Florida and top 80th percentile for all Take 5’s nationwide Location - Beach Blvd sees 60,5000 cars per day! - Located on the signalized intersection of Beach Blvd & Grove Park Blvd, which sees a combined 65,900 cars per day! - Located on a signalized intersection with multiple access points - Incredible demographics: o Population 8,800+ (one-mile) | 91,000+ (three-mile) | 236,000+ (five-mile)

Exclusively Listed By

Financing By

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