New Take 5 Oil | 15-Yr NNN | Largest Operator 1983 River Rd

• Brand-new, state-of-the-art construction
• Absolute triple net lease | Zero landlord responsibilities
• New, 15-year lease with 10% rent increases every 5 years throughout the initial term and options | Yields an average CAP of 7.17%, assuming purchase at List Price
• Full-term guaranty from a high-growth operator | Currently has 33+ sites open and on track for 41+ locations by end of 2024 | Contact Agent for details
• Take 5 Oil Change is the fastest growing oil change concept in the U.S. with more than 1,000 locations in 42 states with an additional 300+ sites in the pipeline
• Hard corner location with excellent access and visibility from River Road which sees a robust ±56,370 VPD
• Located directly across the street from River Crossing Shopping Center | Anchored by Bashas’ grocery store and pharmacy
• Site is walking distance to:
– Northwest Medical Center | 287-bed hospital
– Riverpark Plaza | Albertson’s-anchored shopping center
– National tenants such as Walmart Neighborhood Market, McDonald’s, Taco Bell, Dunkin’, Circle K, Panda Express, Salad and Go, O’Reilly
Auto Parts, Dairy Queen, Burger King
– Flowing Wells Junior High School | 826 students
• Adjacent to a new construction Fluberto’s restaurant
• About 2.5 miles from:
– Tucson Mall | 1.28MM+ SF mall anchored by Dillard’s, Macy’s, JCPenney, and REI
– Tucson AutoMall | 110+ acres consisting of 12+ major auto dealerships and numerous auto-related tenants
– Northmall Centre | Sam’s Club-anchored shopping center
– The Marketplace | A Sprouts, PetSmart, and Conn’s HomePlus- anchored shopping center
• Tucson is the 2nd most populous city in AZ and is home to 1MM+ people in the metro area | Also ranked as one of the hottest housing markets for 2022 with sales volume forecasted to grow by 14.2% (Realtor.com) | #9 in the nation among cities with the highest bidding-war rates
– GDP of Tucson MSA is nearly $38.5B
– Forbes ranks Tucson as the 107th best place in the nation for business and careers
– I-10 and I-19 connect through Tucson, providing direct access to the east and west coasts of the U.S. and deep-water ports of Mexico