Take 5 Oil Change 

121 N 14th Street | Leesburg, Florida 34748

Contact Brokers

Reid Thedford
Investment Advisor
Reid.Thedford@MarcusMillichap.com
(O) 813-387-4726
FL #SL3442474

James Garner
Senior Investment Advisor
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

Jim Shiebler

Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

Highlights

  • Corporate Guaranteed Lease – Take 5 Properties SPV, LLC

  • 10.5 Years Remaining

  • Take 5’s Name Is From “Take 5 Minutes” Out of Your Busy Day and Schedule for Our Skilled Pit Team of Experts to Handle ALL of Your Tune Up and Vehicle Maintenance Needs in a Rapid Time Period

  • The Parent Company, Driven Brands, Is a Subsidiary of Roark Capital Group, a Large Private Equity Firm With Over $7 Billion in Equity Capital and Commitments

  • 25,000 ADT - Located on Main Retail Artery Through Leesburg

  • Take 5 Oil Change Sets Standards That Achieve Customer Satisfaction With a Team of Highly Trained Professionals Working Quickly and Simultaneously to Exceed Customers’ Expectations

Description

Marcus & Millichap is pleased to offer for sale this Take 5 Oil Change located in Leesburg, FL. Take 5 Oil Change has over ten years remaining on their lease with one, five-year option period. There are ten percent increases throughout the base term and the option periods. The lease is guaranteed by Take 5 Properties SPV, LLC, which has over 500 locations nationwide. The subject property is located on North 14th Street, the main retail artery through Leesburg. North 14th Street sees roughly 25,000 vehicles per day and comprises national retailers including Publix, Walmart, ALDI, O’Reilly Auto Parts, Advanced Auto Parts, McDonald’s, Dunkin’, Taco Bell, and more.

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201 North Franklin Street

Suite 1100

Tampa, FL 33602

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