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Take 5 Oil Change 601 Trenton Ave

2,467 SF Retail Building Findlay, OH 45840 $1,600,000 ($649/SF) 6.25% Cap Rate

Restaurants Ohio Findlay 601 Trenton Ave, Findlay, OH 45840

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Attractive Rental Increases | 1.50% Annually Starting Year 2
  • Corporate Guarantee from Driven Funding Holdco, LLC (~3,500+ Units)

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 601 West Trenton Avenue in Findlay, Ohio. The site consists of roughly 1,418 rentable square feet of building space on estimated 0.55-acre parcel of land. This Take 5 Oil Change is subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,467 SF
Building Class
C
Year Built
1977
Price
$1,600,000
Price Per SF
$649
Cap Rate
6.25%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.55 AC
Parking
32 Spaces (12.97 Spaces per 1,000 SF Leased)
Frontage
150 FT on Trenton Ave

Amenities

  • Pylon Sign
1 of 1

Nearby Major Retailers

Starbucks
Ponderosa Steakhouse
Biggby Coffee
Steak ‘n Shake
Chase Bank
Caribou Coffee
Texas Roadhouse
Bob Evans Restaurants
Waffle House
Cracker Barrel Old Country Store

PROPERTY TAXES

Parcel Number 60-0001008443 Improvements Assessment $35,510
Land Assessment $97,450 Total Assessment $132,960

PROPERTY TAXES

Parcel Number
60-0001008443
Land Assessment
$97,450
Improvements Assessment
$35,510
Total Assessment
$132,960
(332) 345-4222

Contacts

  • Listing ID: 32243288

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 601 Trenton Ave, Findlay, OH 45840

More public record information on 601 Trenton Ave, Findlay, OH 45840

The Retail Property at 601 Trenton Ave, Findlay, OH 45840 is currently available for sale. Contact NNN Pro Group for more information.

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601 Trenton Ave, Findlay, OH for sale Building Photo- Image 1 of 3
+ Take 5 Oil - Rep
601 Trenton Ave, Findlay, OH for sale Building Photo- Image 2 of 3
601 W Trenton Ave - Findlay, OH - Aerial

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Take 5 Oil Change | 601 Trenton Ave
(332) 345-4222 x

Take 5 Oil Change | 601 Trenton Ave

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(203) 253-9455

(203) 253-9455

Amelia Haydock

(332) 345-2408

(332) 345-2408

Francis Purritano

(332) 345-4311

(332) 345-4311

Gordon Pollock

(332) 345-7294

(332) 345-7294

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