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Take 5 Oil Change 490 Woodman Dr

2,000 SF Retail Building Dayton, OH 45431 £1,314,516 (£657/SF) 6.25% Net Initial Yield

Investment Highlights

  • At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple- Net Lease. The Lease will Have No Landlord Responsibilities
  • Driven Funding Holdco, LLC (~3,500 Units)
  • The Lease Features One and a Half Percent (1.50%) Annual Rental Increases and Four (4), Five (5) Year Renewal Options

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 490 Woodman Dr, Riverside, OH 45431. The site consists of
roughly 1,418 rentable square feet of building space on an estimated 0.43-
acre parcel of land. This Take 5 Oil Change is subject to a 20 Years-year
Triple Net (NNN) lease which will commence upon close of escrow. The
annual rent will be $105,000 and has scheduled increases of 1.50%
Annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built
1970
Price
£1,314,516
Price Per SF
£657
Net Initial Yield
6.25%
NOI
£82,157
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.43 AC
Frontage
75 ft on Burkhardt Rd

Amenities

  • Bus Route
  • Signalised Intersection

Nearby Major Retailers

Kroger
Starbucks
Rent-A-Center
PNC Bank
Planet Fitness
Ponderosa Steakhouse
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
I39-00918-0005
Land Assessment
£26,408
Improvements Assessment
£21,995
Total Assessment
£48,402
  • Listing ID: 32502368

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 490 Woodman Dr, Dayton, OH 45431

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