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Get In TouchTake 5 | Wesley Chapel, FL
Take 5
27266 Wesley Chapel Boulevard, Wesley Chapel, FL 33544, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,406 SF Take 5 NNN Asset Located at 27266 Wesley Chapel Boulevard in Wesley Chapel, FL. This Deal Includes a 10+ Years Remaining on a 15-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities and 10% Rent Bumps Every Five Years Provide Strong Hedge Against Inflation, Providing For a Secured Investment.
- 10+ Years Remaining on a 15-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Guaranteed By Purple Square Management, LLC, a Multi-Unit Operator With 250+ Locations
- 10% Rent Bumps Every Five Years Provide Strong Hedge Against Inflation
- Strong National Brand – Take 5 Oil Change Has Over 1,100 Locations and Aims to Double the Count By 2030
- Average Household Income of $138,892 Within a 3-Mile Radius
- Location Has Easy Access to I-75 and Downtown Tampa (23- Miles) and is Also 30-Miles From Tampa International Airport
- Nearby Tenants Include: Chick-fil-A, Walmart, Publix, CVS, 7-Eleven, Starbucks, McDonald’s, and Circle K
In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953
Take 5
27266 Wesley Chapel Boulevard, Wesley Chapel, FL 33544, USA
TAKE 5 OIL CHANGE
Established in 1984, Take 5 Oil Change is a quick lube franchise under Driven Brands™ featuring a unique drive-thru concept that allows customers to never leave the comfort of their car. The brand offers an on average 10-minute oil change service and four ancillary services such as air filter, wiper blade changes, and transmission and radiator fluid replacements. Take 5 Oil Change expands total footprint to over 800 locations across the U.S. and Canada, with over 950 additional locations in pipeline, providing a multiyear runway for growth. Driven Brands, headquartered in Charlotte, NC, is the parent company of North America’s leading automotive aftermarket brands across three distinct verticals: Retail Auto Service, comprised of Take 5 Oil Change, Meineke Car Care Centers, and Automotive Training Institute; Collision & Insurance, comprised of Maaco. Take 5 has more than 1,100 company-owned and franchised service centers throughout the United States and Canada. Take 5 Oil Change is a member of Driven Brands, the largest automotive services company in North America.
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Mighty Shine Express Car Wash | Beckley, WV
Beckley, West Virginia
Cap Rate: 7.25%
$3,310,345
Available
Price
$2,475,000
Cap Rate
5.95%
PREMISES
1,406 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
11/10/2035
Lease Type
NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.