NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 3570 Belmont Ave in Youngstown, OH. The site consists of roughly 1,573 rentable square feet of building space on estimated 0.36-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 $90,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
About the Investment:
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
✓ Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
✓ Attractive Rental Increases | 1.50% Annually Starting Year 2
✓ Four (4), Five (5)-Year Tenant Renewal Options
