7 Brew & Take 5 Oil Change
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7 Brew & Take 5 Oil Change
2 Retail Properties Offered at $3,385,000 in Rapid City, SD
Investment Highlights
- New 15-year absolute NNN leases with scheduled rental increases
- No landlord obligations, ideal for an out-of-area investor
- Take 5 is experiencing explosive growth as Driven Brands scaled the business from less than 50 locations to more than 800 company-operated locations
- Excellent 6% rental increases after year 5, with rare 1.5% annual rental increases during each option period
- Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3B in system-wide sales)
- Arkansas-based 7 Brew was founded in 2016 and has since surpassed 150 stores open and operating in 25+ states
Property Facts
| Price | $3,385,000 | Status | Active |
| Price / SF | $2,295 / SF | Number of Properties | 2 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 1,475 SF |
| Sale Type | Investment NNN | Total Land Area | 1.52 AC |
| Price | $3,385,000 |
| Price / SF | $2,295 / SF |
| Sale Conditions | 1031 Exchange |
| Cap Rate | 6.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,475 SF |
| Total Land Area | 1.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
7 Brew
507 N Cambell St, Rapid City, SD 57701 |
Retail | 475 SF | 2023 | - |
|
7 Brew
509 N Cambell St, Rapid City, SD 57701 |
Retail | 1,000 SF | 2023 | - |
Contacts
-
Scott Crowle -
Russell Train -
Michael Yuras -
Vincent Aicale -
Ryan Forsyth -
Cushman & Wakefield
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7 Brew & Take 5 Oil Change
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