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Take 5 | New 15yr Net Lease | 2022 Remodel 4325 MacDonald Ave

1,575 SF Retail Building Richmond, CA 94805 $1,905,000 ($1,210/SF) 5.25% Cap Rate

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Investment Highlights

Brand New 15-Year Deal | Scheduled Rental Increases | Established Brand | Newly Renovated
MacDonald 80 Shopping Center (200,000 SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
Strong Demographics in 5-mile Trade Area | Six-Figure Income | San Francisco MSA

Net Lease | Fee Simple Ownership
Signalized, Hard Corner Intersection | Interstate 80 (217,000 VPD) Excellent Visibility & Access

Executive Summary

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a net leased, investment property located in Richmond, California (San Francisco MSA). The tenant, Take 5 Oil Change recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The newly-renovated building features a state-of-the-art design and high-quality materials. Take 5 has over 800 company-owned and franchised service centers throughout the United States and Canada.