Take 5 Oil Change 1300 Hylan dr

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Take 5 Oil Change property located in Rochester, New York. Completed in 2024, the property features a 15+ year absolute NNN lease, with rent commencing in March 2024 and extending through July 2039. The lease includes 10% rental escalations every ?ve years throughout the primary term and four 5-year renewal options. The lease is guaranteed by Purple Square Management, a highly experienced franchise operator founded in 2006, currently managing over 200 locations across multiple brands.
The 1,640 square-foot building bene?ts from its prime position along Hylan Drive (13,600 VPD) and immediate access to Interstate 390 which experiences over 67,600 vehicles per day. The property also bene?ts from its location in a dense retail corridor. Neighboring retailers include Target, Lowe’s, Best Buy, Walmart, Wegmans, Burlington, ALDI, Ashley, and several others. Additionally, the property is within walking distance from the Marketplace Mall, a regional shopping destination that houses tenants Dave & Buster’s, Dick’s Sporting Goods, Floor & Décor, JCPenney, UR Medicine, and many others. There are over 137,000 people living within a ?ve-mile radius. Those of which earn an average household income of $99,066.
Take 5 Oil Change was founded in Metairie, LA in 1984 with the mission to provide fast, friendly, affordable oil changes with an emphasis on an exceptional customer experience. They currently have more than 1,000+ locations in 23 states with an additional 950 units in the pipeline and plans for further expansion into additional states. Long term their goal over the next ten years is to grow to more than 2,000 locations. Take 5 Oil Change is a wholly owned subsidiary of Driven Brands (NASDAQ: DRVN), a leading automotive services company.