Tenant: Take 5 Oil Change | Fayetteville, AR
Premises: 2,000 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 8/31/2028
Lease Type: NNN
Rental Increases: 10% Every 5 Years
Sands Investment Group is Pleased to Present Exclusively For Sale the 2,000 SF Take 5 NNN Lease Investment Located at 1561 W M.L.K. Jr Boulevard in Fayetteville, Arkansas. This Opportunity Includes Over 7 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Take 5 Oil Change first opened in Metairie, Louisiana in 1984 and they currently own and operate locations in 21 states across the country! Take 5 Oil Change has been serving customers for more than 30 years and their mission is to set service standards and achieve customer satisfaction standards that exceed every customer’s expectation by maintaining the highest possible level of employee training and development. In 1996, Take 5 designed the first “5 Minute Drive-Thru Oil Change” location. The company is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Their revolutionary drive-through oil change services can be found in over 557 locations in 21 states. As the company continues to expand their brand, their focus is to grow through franchising in the Southeast United States. Take 5 Oil Change was acquired by Driven Brands in March 2016, which has helped the brand grow tremendously. Driven Brands™, headquartered in Charlotte, NC, is the parent company of North America’s leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers®; Paint & Collision, housing Maaco®, CARSTAR®, and ABRA®; Distribution, housing 1-800-Radiator & A/C®; and Quick Lube, housing Take 5 Oil Change®. Driven Brands has over 2,800 centers across North America, and combined; all businesses generate more than $2.8 billion in system sales and service approximately 8 million vehicles annually.