Take 5 Oil Tenant Overview
Updated: June 12, 2023
Pros
- Frequent rent increases
- Absolute NNN leases
- Essential service tenant
Cons
- Small plots of land
- Franchisee owned and operated
Tenant Description
Take 5 Oil is a prominent tenant in the net lease commercial real estate space. As a leading automotive maintenance and oil change company, Take 5 Oil operates a network of convenient drive-thru locations across the United States. With a strong focus on providing quick and efficient services, Take 5 Oil has become a trusted name in the industry, serving millions of customers each year. With over 800 locations in the US.
Average Cap Rate
5.19%
12 mo avg with 10+ yr lease term
Average Property & Lease
| Average Sale Price | $1,629,615 |
| NOI | $84,730 |
| $/Square Foot | $814 - $1,629 |
| Building SF | 1,000 - 2,000 |
| Lot Size | 0.67 - 1.25 acres |
| Lease Term | 15 years |
| Escalations | varies |
| Stock Symbol | N/A |
Average Cap Rate Trend
5.58%
2021
5.22
2022
Rates reflect last 12 mos, short and long-term
Recent Sales Comps
| West Palm Beach, FL | 5.50% |
| Belton,TX | 5.00% |
| Sugar Hill, GA | 4.71% |
