Take 5-Brand New 15 Yr Corp Guaranteed Lease-Ft… — Sale in Hollywood, FL

Price: Contact for price
Listing type: For sale
Asset type: Retail Business
Location: Hollywood, FL 33024

Photos

Investment Figures

Cap rate: 5.30%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a Corporate-Guaranteed Take 5 Oil Change. It is located on Hollywood Blvd, one of South Florida’s primary east-west thoroughfares with excellent visibility and access. This brand-new Take 5 is subject to a 15-year NNN lease with four (4) 5-Year options to extend and 8% rent increases every 5 years, offering a passive, long-term income stream with built-in growth protection. Take 5 is in possession of the premises, about to start renovation/construction, and expected to open in the Fall 2026. The subject property features Take 5 Oil Change’s modern drive-thru prototype, situated on a 0.34-acre (14,810 SF) parcel with a 1,257 SF facility. Designed for speed and convenience, the Take 5 model allows customers to remain in their vehicles for fast professional oil changes and maintenance services. This new Take 5 Oil Change is located along Hollywood Blvd with a traffic count of 44,000+ VPD and benefits from immediate proximity to the Florida Turnpike (141,000+ VPD). This densely populated area has 179,000+ residents and solid average household income of $79,000 within 3-mile radius. The property benefits from its strategic position in one of South Florida’s fastest-growing markets in Broward County. Hollywood continues to experience significant residential and commercial expansion, with over 220 residential units planned and being built out in a 1 MI radius of subject- driving increased traffic and long-term demand for essential quick-service automotive businesses. Take 5 Oil Change, a leading brand under publicly traded Driven Brands Holdings Inc. (NASDAQ: DRVN), is one of the fastest-growing quick-lube concepts in North America with over 1,100 locations. Backed by a parent company generating approximately $2.3 billion in annual revenue (FY 2024) and a corporate guarantee, the brand offers strong institutional-grade investment security and a proven model focused on speed, convenie

Market Context

This retail in Hollywood, FL is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Hollywood, FL — view the full market.

As of Q1 2026, the Fort Lauderdale retail market showed cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Its 5.3% asking cap rate is below the Fort Lauderdale retail market average of about 6.2%, reflecting premium pricing relative to comparable assets.

Retail market FAQ

What is the typical cap rate for retail in Fort Lauderdale?: About 6.2% as of Q1 2026, per multiple brokerage reports.

Estimated Price per SF

$165.54/SF – $1,204/SF

Mid: $501.63/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.