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Auto Parts

Maaco Auto Body Shop | Sale-Leaseback

19 Racetrack Rd NE, Fort Walton Beach, FL 32547

Listing Price: $1,000,000

Cap Rate
6.60%
Tenant Name
Maaco
Guarantor
Franchisee Guarantee
Rentable SF
5,752
Lease Type
Absolute Net
Rent Per Square Feet
$11.47

Investment Overview

DRIVEN BRANDS, INC. • PUBLICLY TRADED ON NASDAQ • LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA • 4,400+ LOCATIONS IN 15 COUNTRIES • SYSTEM-WIDE SALES OF $4.5 BILLION • PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE MAACO • AMERICA’S #1 AUTO PAINT AND COLLISION REPAIR PROVIDER • SERVICED MORE THAN 20 MILLION CARS SINCE 1972 • 500+ LOCATIONS IN UNITED STATES AND CANADA

Investment Highlights

  • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
  • NEW 10-YEAR LEASE TO BE SIGNED AT CLOSE OF ESCROW
  • 5% RENTAL INCREASES EVERY 5 YEARS
  • 75,000+ 5-MILE POPULATION AND GROWING
  • CORNER LOT LOCATION ON RACETRACK ROAD | 28,000 VPD
  • FRANCHISEE GUARANTY FROM 6-UNIT OPERATOR

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Auto Parts

Maaco Auto Body Shop | Sale-Leaseback

Listing Price: $1,000,000

Cap Rate
6.60%
Tenant Name
Maaco
Guarantor
Franchisee Guarantee
Rentable SF
5,752
Lease Type
Absolute Net
Rent Per Square Feet
$11.47

Investment Highlights

  • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
  • NEW 10-YEAR LEASE TO BE SIGNED AT CLOSE OF ESCROW
  • 5% RENTAL INCREASES EVERY 5 YEARS
  • 75,000+ 5-MILE POPULATION AND GROWING
  • CORNER LOT LOCATION ON RACETRACK ROAD | 28,000 VPD
  • FRANCHISEE GUARANTY FROM 6-UNIT OPERATOR

Investment Overview

DRIVEN BRANDS, INC. • PUBLICLY TRADED ON NASDAQ • LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA • 4,400+ LOCATIONS IN 15 COUNTRIES • SYSTEM-WIDE SALES OF $4.5 BILLION • PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE MAACO • AMERICA’S #1 AUTO PAINT AND COLLISION REPAIR PROVIDER • SERVICED MORE THAN 20 MILLION CARS SINCE 1972 • 500+ LOCATIONS IN UNITED STATES AND CANADA

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

MM Texture Background
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