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Auto Parts

Take 5 Oil Change

6211 Colonel Glenn Rd, Little Rock, AR 72204

Listing Price: $1,443,299

Cap Rate
4.85%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
1,462
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.88

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Take 5 Oil Change located in, Little Rock AR. The subject property totals approximately 1,462 rentable square feet of building space on a total estimated 0.50-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 $70,000 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

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Financing By

Auto Parts

Take 5 Oil Change

Listing Price: $1,443,299

Cap Rate
4.85%
Tenant Name
Take 5 Properties SPV, LLC
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
1,462
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.88

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 in, Little Rock AR. The subject property totals approximately 1,462 rentable square feet of building space on a total estimated 0.50-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 $70,000 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

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

Financing By

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