Take 5 Oil Change 100 McCoy Way

1,420 SF Retail Building Saint Augustine, FL 32095 $1,818,182 ($1,280/SF) 5.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Absolute Triple Net (NNN) Lease | The subject investment property will feature an absolute triple net (NNN) lease, with zero landlord responsibilities
  • Strong Corporate Guarantee | This lease will be subject to a strong corporate guarantee from Drive Funding Holdco, LLC, (3,500+ Units).

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 100 McCoy Way, St. Augustine, Florida 32095. The site consists of roughly 1420 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $100,000 and has scheduled increases of 1.50% Annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,420 SF
Building Class
B
Year Built
2025
Price
$1,818,182
Price Per SF
$1,280
Cap Rate
5.50%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.60 AC
Parking
22 Spaces (12.94 Spaces per 1,000 SF Leased)
Frontage
182 FT on McCoy Way

NEARBY MAJOR RETAILERS

DutchBros
CrossFit
Truist
Publix

PROPERTY TAXES

  • Listing ID: 34625741

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 100 McCoy Way, Saint Augustine, FL 32095