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Take 5 Oil Change 825 Union Rd

1,435 SF Retail Building Englewood, OH 45315 $1,600,000 ($1,115/SF) 6.25% Cap Rate

Retail Space Ohio Englewood 825 Union Rd, Englewood, OH 45315

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 Brands Funding, LLC (3,500+ Units)

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 825 Union Blvd in Englewood, Ohio. The site consists of roughly 1,435 rentable square feet of building space on estimated 0.65-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
Auto Repair
Building Size
1,435 SF
Building Class
B
Year Built
2023
Price
$1,600,000
Price Per SF
$1,115
Cap Rate
6.25%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.65 AC
Parking
10 Spaces (6.97 Spaces per 1,000 SF Leased)
Frontage
255 FT on North Union Road

Amenities

  • Air Conditioning
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825 Union Rd, Englewood, OH - aerial map view

Nearby Major Retailers

Huntington Bank
Starbucks
Kroger
Rent-A-Center
Hot Head Burritos
First Financial Bank
KeyBank
Ymca
Fifth Third Bank
PNC Bank

PROPERTY TAXES

Parcel Number M57-00719-0003 Improvements Assessment $60,310
Land Assessment $112,600 Total Assessment $172,910

PROPERTY TAXES

Parcel Number
M57-00719-0003
Land Assessment
$112,600
Improvements Assessment
$60,310
Total Assessment
$172,910
(332) 345-4222

Contacts

  • Listing ID: 30066178

  • Date on Market: 11/15/2023

  • Last Updated:

  • Address: 825 Union Rd, Englewood, OH 45315

More public record information on 825 Union Rd, Englewood, OH 45315

The Retail Property at 825 Union Rd, Englewood, OH 45315 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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825 Union Rd, Englewood, OH for sale Building Photo- Image 1 of 3
TAKE 5 pic 1
825 Union Rd, Englewood, OH for sale Aerial- Image 2 of 3
pic 2 825 agddress

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Take 5 Oil Change | 825 Union Rd
(332) 345-4222 x

Take 5 Oil Change | 825 Union Rd

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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