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Take 5 Oil Change 6401 N 76th St

4,407 SF Retail Building Milwaukee, WI 53223 £1,315,000 (£298/SF) 6% Net Initial Yield

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
  • Attractive Rental Increases | 1.50% Annually Starting Year 2
  • Corporate Guarantee from Driven Brands Funding, LLC (3,500+ Units)

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Take 5 Oil Change located at 6401 North 76th Street in Milwaukee, Wisconsin. The site consists of roughly 1,421 rentable square feet of building space on estimated 0.52-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 $100,000 and is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,407 SF
Building Class
C
Year Built
1960
Price
£1,315,000
Price Per SF
£298
Net Initial Yield
6%
NOI
£78,900
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
0.52 AC
Zoning
LB1 - Commercial Local Business
Parking
9 Spaces
Frontage
130 ft on North 76th Street

Amenities

  • Air Conditioning
1 of 1
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 142-9984-115-5 Improvements Assessment £141,389
Land Assessment £88,762 Total Assessment £230,151

PROPERTY TAXES

Parcel Number
142-9984-115-5
Land Assessment
£88,762
Improvements Assessment
£141,389
Total Assessment
£230,151
  • Glen Kunofsky
    Power Broker Glen Kunofsky
  • Edward Otocka
    Edward Otocka
  • Amelia Haydock
    Amelia Haydock
  • Francis Purritano
    Francis Purritano
  • Gordon Pollock
    Gordon Pollock
(332) 345-4222

  • Listing ID: 29831764

  • Date on Market: 19/10/2023

  • Last Updated:

  • Address: 6401 N 76th St, Milwaukee, WI 53223

The Retail Property at 6401 N 76th St, Milwaukee, WI 53223 is currently available For Sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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6401 N 76th St, Milwaukee, WI for sale Building Photo- Image 1 of 3
Take 5 Oil Change Rep
6401 N 76th St, Milwaukee, WI for sale Building Photo- Image 2 of 3
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© 2024 CoStar Group

Take 5 Oil Change | 6401 N 76th St
(332) 345-4222 x

Take 5 Oil Change | 6401 N 76th St

1/5

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(332) 345-4217

(332) 345-4217

Amelia Haydock

(332) 345-2408

(332) 345-2408

Francis Purritano

(332) 345-4311

(332) 345-4311

Gordon Pollock

(332) 345-7294

(332) 345-7294

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