Skip to main content

Auto Parts

Take 5 – Driven Brands 20YR NNN Sale-leaseback

3437 W Bethany Home Rd, Phoenix, AZ 85017

Listing Price: $1,666,667

Cap Rate
4.50%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
1,792
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.85

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 3437 W Bethany Home Rd, Phoenix, AZ. The subject property totals approximately 1,792 rentable square feet of building space on a total estimated 0.39-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The annual rent will be $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Corporate Guarantee from Driven Systems, LLC
  • Attractive Rental Increases |1.50% Annually Starting Year 2

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Auto Parts

Take 5 – Driven Brands 20YR NNN Sale-leaseback

Listing Price: $1,666,667

Cap Rate
4.50%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
1,792
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.85

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Corporate Guarantee from Driven Systems, LLC
  • Attractive Rental Increases |1.50% Annually Starting Year 2

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located at 3437 W Bethany Home Rd, Phoenix, AZ. The subject property totals approximately 1,792 rentable square feet of building space on a total estimated 0.39-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The annual rent will be $75,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

MM Texture Background
MM Textured Background Lower