Take 5 Oil Change - Net Lease Property for Sale
Rochester, NY
Key Investment Metrics
Price
$2,153,846
Cap Rate
6.5%
Net Operating Income
$140,000
Building Size
1411 SF
Lot Size
1,411 SF
Remaining Term
13.9 years
Lease Expiration
10/31/2039
Lease Term
15.4 years
Lease Commencement
06/14/2024
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Franchisee, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 years
About This Take 5 Oil Change Net Lease Property
This Take 5 Oil Change NNN (triple net lease) property is located in Rochester, NY and represents an excellent investment opportunity for commercial real estate investors. The property features 1411 square feet of building space and was built in 2024.
With a cap rate of 6.5%, this Take 5 Oil Change net lease property offers stable income potential. The asking price is $2,153,846, making it an attractive option for 1031 exchange investors seeking quality Take 5 Oil Change commercial properties.
Why Invest in Take 5 Oil Change NNN Properties?
- Stable Income: Take 5 Oil Change net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Take 5 Oil Change is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Rochester, NY Market Overview
Located in Rochester, NY, this Take 5 Oil Change property benefits from strong local demographics and market fundamentals. The Rochester area offers excellent visibility and accessibility, making it an ideal location for Take 5 Oil Change operations and a solid investment for net lease property buyers.