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Auto Parts

Take 5 (1.14-Acre Hard Corner Site)

5503 Villa Rd NW, Rochester, MN 55901

Listing Price: $2,958,000

Cap Rate
7.50%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
13.4
Gross SF
1,716
Guarantor
Personal Guarantee
Rentable SF
1,716
Price/Gross SF
$1,723.78
Lease Type
Absolute Net
Rent Per Square Feet
$129.25

Investment Overview

Offered for sale is an absolute net lease Take 5 Oil Change located in Rochester, Minnesota. The property consists of a 1,716-square-foot freestanding building situated on 1.14 acres at a signalized hard corner site. The investment features 13.3 years of lease term remaining with 2 percent annual rent increases and is positioned across from a Walmart Supercenter and Sam's Club-anchored power center. The property is operated by Ironside Operations, a regional multi-unit franchisee.

Investment Highlights

  • Absolute Net Lease With 13.3 Years Remaining | 2 Percent Annual Rent Increases
  • 1.14-Acre Corner Site at a Signalized Intersection (Area Traffic Counts Exceed 70,000 VPD)
  • Top 71st Percentile Statewide by Annual Visits (Placer.ai) | Across From a Walmart Supercenter & Sam's Club-Anchored Power Center
  • $119,625 Average Household Income Within 5 Miles, Projected to be $137,027 by 2030
  • 85,947 Residents & 126,771 Daytime Population (5-Mile Radius)
  • Located 90 Miles Southeast of Minneapolis–St. Paul, Rochester is Minnesota's 3rd-Largest City and Still Growing
  • Take 5 is Backed by Driven Brands, North America's Largest Automotive Services Platform
  • Operated by Ironside Operations, a Regional Multi-Unit Franchisee

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Auto Parts

Take 5 (1.14-Acre Hard Corner Site)

Listing Price: $2,958,000

Cap Rate
7.50%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
13.4
Gross SF
1,716
Guarantor
Personal Guarantee
Rentable SF
1,716
Price/Gross SF
$1,723.78
Lease Type
Absolute Net
Rent Per Square Feet
$129.25

Investment Highlights

  • Absolute Net Lease With 13.3 Years Remaining | 2 Percent Annual Rent Increases
  • 1.14-Acre Corner Site at a Signalized Intersection (Area Traffic Counts Exceed 70,000 VPD)
  • Top 71st Percentile Statewide by Annual Visits (Placer.ai) | Across From a Walmart Supercenter & Sam's Club-Anchored Power Center
  • $119,625 Average Household Income Within 5 Miles, Projected to be $137,027 by 2030
  • 85,947 Residents & 126,771 Daytime Population (5-Mile Radius)
  • Located 90 Miles Southeast of Minneapolis–St. Paul, Rochester is Minnesota's 3rd-Largest City and Still Growing
  • Take 5 is Backed by Driven Brands, North America's Largest Automotive Services Platform
  • Operated by Ironside Operations, a Regional Multi-Unit Franchisee

Investment Overview

Offered for sale is an absolute net lease Take 5 Oil Change located in Rochester, Minnesota. The property consists of a 1,716-square-foot freestanding building situated on 1.14 acres at a signalized hard corner site. The investment features 13.3 years of lease term remaining with 2 percent annual rent increases and is positioned across from a Walmart Supercenter and Sam's Club-anchored power center. The property is operated by Ironside Operations, a regional multi-unit franchisee.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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