Take 5 Oil Change NNN Property For Sale — Brooksville, FL
12435 Cortez Blvd, Brooksville, FL 34613
An exceptional NNN lease investment opportunity featuring a new Take 5 Oil Change with a 15-year absolute NNN lease. The lease includes attractive 10% rental increases every five years, providing a steady income stream. The tenant, Take 5 Oil Change, is a subsidiary of Driven Brands, Inc., a prominent automotive service company with a strong national presence. The property benefits from a strategic location along U.S. 98/Cortez Boulevard, offering excellent visibility and high traffic counts of 39,000 vehicles per day. This newly constructed facility, built in 2022, features three service bays, optimizing operational efficiency and profitability. Located in Florida, an advantageous state with no income tax, this asset presents a compelling addition to any investment portfolio.
- Address: 12435 Cortez Blvd, Brooksville, FL 34613
- Asking price $2.82M
- 5.50% cap rate
- NOI $155,081
- 15 years remaining
- NNN lease
- Year built: 2022
- Building size: 1,420 SF
- Lot size: 0.90 acres
- Rent increases: Year 6: +10%; Year 11: +10%
- Guarantor: Corporate
Location
This Take 5 Oil Change property is at 12435 Cortez Blvd in Brooksville, Florida.
Asset type: Service Station