5907 Ogeechee Rd - Auto Repair FOR SALE


Savannah, GA 31419- Georgetown
$1,416,667 USD
949-506-2007
5907 Ogeechee Rd, Savannah, GA for Sale
$1,416,667 USD
Auto Repair - FOR SALE
1/12
null | 6% Cap Rate

5907 Ogeechee Rd
Savannah, GA 31419
Georgetown


HIGHLIGHTS

  • 15-Year Lease at COE | Franchisee Guaranteed | 10% Increases Every 5 Years
  • Absolute NNN Ground Lease | Zero Landlord Responsibilities
  • Prime Retail Corridor | High-Traffic Location
  • Attractive Market Demographics | Expanding Trade Area
  • Established Auto Service Brand | Driven Brands (NASDAQ: DRVN)

OVERVIEW

• Two Oil 5, LLC (dba Take 5 Oil Change) to execute a brand-new 15-year lease at the close of escrow with six (6) five-year renewal options • Lease provides 10% rental increases every five years throughout the base term and option periods • Lease is guaranteed by Two Oil 5, LLC, an experienced franchisee operating 22+ Take 5 Oil Change locations with 9 additional stores under development

FOR SALE DETAILS

PRICE

$1,416,667 USD

PRICE/SF

$969 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

PBC

APN/PARCEL ID

11029B01036

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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