105 Clarence F Warner Dr - Retail FOR SALE


Monroe, OH 45050
$1,750,000 USD
203-253-9455
105 Clarence F Warner Dr, Monroe, OH for Sale
$1,750,000 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate

105 Clarence F Warner Dr
Monroe, OH 45050


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brands
  • Strong Industry Growth
  • Recession - Resistance Service
  • Growing Vehicle Base & Longer Ownership

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 105 Clarence F Warner Drive, Monroe, OH 45050. The site consists of roughly 1,683 rentable square feet of building space on an estimated .64-acre parcel of land. Take 5 Oil Change is subject to a 20-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.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$1,040 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

-

APN/PARCEL ID

C1800-009-220-031

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.