Take 5 Oil Change 2597 Crawfordville Hwy

9,975 SF Retail Building Crawfordville, FL 32327 $1,109,430 ($111/SF) 5.75% Cap Rate

INVESTMENT HIGHLIGHTS

  • 2019 retrofit of former Super Lube building
  • ±9-years remaining on absolute NNN lease with zero landlord responsibilities
  • Corporate guarantee from Driven Brands
  • The subject property qualifies for bonus depreciation (consult with your tax professional)
  • 10% rent increases every 5 years for the life of the lease (base term and options)
  • Traffic counts exceed ±18,800 vehicles daily on Hwy 319

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,975 SF
Building Class
C
Year Built
1998
Price
$1,109,430
Price Per SF
$111
Cap Rate
5.75%
NOI
$63,792
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.42 AC
Parking
4 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
106 FT on Crawfordville Hwy

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • -
  • -
  • Triple Net
  • -

Whether it’s an oil change followed by a car wash, a car wash before an oil change…or both at completely different times, Take 5 gets the job done quickly so you can be on your way. Take 5 was founded as Rapid Oil Change. It offered quick oil changes, minor repairs and other maintenance services. Since then, it has seen expansion, faced disaster and become part of the community. What started in Louisiana, just outside New Orleans, spread to several states and across the southeastern United States from Virginia to Texas and several locations, with more shops opening in the coming months. Among the newest locations is the first Take 5 in Florida. To date, the company has opted to limit franchising the brand but it continues to consider future options to do so.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services - - Triple Net -

NEARBY MAJOR RETAILERS

Winn-Dixie
Tobacco Barn
Ameris Bank
Anytime Fitness
Capital City Bank
Publix
Centennial Bank

PROPERTY TAXES

  • Listing ID: 34809823

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 2597 Crawfordville Hwy, Crawfordville, FL 32327