Take 5 Oil Change | 15-Yr Sale-Leaseback — Sale in Thomasville, GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Thomasville, GA 31792
Investment Figures
- Cap rate
- 6.00%
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
DRIVEN BRANDS, INC. • PUBLICLY TRADED ON NASDAQ • LARGEST AUTOMOTIVE SERVICES COMPANY IN NORTH AMERICA • 4,900+ LOCATIONS IN 13 COUNTRIES • SYSTEM-WIDE SALES OF $6.3 BILLION • PARENT COMPANY OF TAKE 5 OIL CHANGE, MEINEKE CAR CARE, MAACO AND MORE Investment Highlights: • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES • NEW 15-YEAR LEASE TO BE SIGNED AT CLOSE OF ESCROW • 5% RENTAL INCREASES EVERY 5 YEARS • MULTI-CONCEPT FRANCHISEE | 27 LOCATIONS AMONG TAKE 5 OIL CHANGE, MAACO AND MEINEKE • NEWER 2022 CONSTRUCTION • 30,000+ 5-MILE POPULATION AND GROWING • 18,700 VPD ON US HIGHWAY 19 SOUTH • IMMEDIATE AREA INCLUDES: LOWE'S, PUBLIX, CHICK-FIL-A, TJ MAXX AND MORE
Market Context
This retail in Thomasville, GA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Thomasville, GA — view the full market.
Contact
- Robby Pfeiffer · (678) 808-2770 · robert.pfeiffer@marcusmillichap.com
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