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Take 5 Oil Change 825 Union Rd

1,682 SF Retail Building Englewood, OH 45315 £1,325,487 (£788/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Absolute Triple Net (NNN) Lease
  • Strong Corporate Guarantee
  • Attractive Annual Rental Increases

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 825 Union Blvd Englewood, OH 45315. The site consists of roughly 1,682 rentable square feet of building space on an estimated 0.78-acre parcel of land. This Take 5 Oil Change will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $1000,000 and have scheduled increases of 1.50% annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,682 SF
Building Class
B
Year Built
2023
Price
£1,325,487
Price Per SF
£788
Net Initial Yield
6%
NOI
£79,529
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.78 AC
Zoning
Comm - Commercial
Parking
10 Spaces (5.95 Spaces per 1,000 SF Leased)
Frontage
255 ft on North Union Road

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Huntington Bank
Kroger
Starbucks
Rent-A-Center
Hot Head Burritos
First Financial Bank
KeyBank
Ymca
Fifth Third Bank
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M57-00719-0003
Land Assessment
£89,550
Improvements Assessment
£47,964
Total Assessment
£137,514
  • Listing ID: 34625887

  • Date on Market: 28/01/2025

  • Last Updated:

  • Address: 825 Union Rd, Englewood, OH 45315

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