6190 Hollywood Blvd - Auto Repair FOR SALE


Hollywood, FL 33024- Beverly Park
$2,500,000 USD
786-522-7009
6190 Hollywood Blvd, Hollywood, FL for Sale
$2,500,000 USD
Auto Repair - FOR SALE
1/4
null | 5% Cap Rate

6190 Hollywood Blvd
Hollywood, FL 33024
Beverly Park


HIGHLIGHTS

  • Corporate Guarantee: Credit Rated Parent Company– NASDAQ: DRVN–BBB Rating
  • Long Term Absolute NNN Lease (Land and Building): 15 Year Term-8% Rental Increases Every 5 Years-Hedge Against Inflation
  • Excellent Visibility & Access: Frontage on Hollywood Blvd & Stone’s Throw From FL Turnpike–Combined 185,000+ VPD
  • Qualifies For 100% Bonus Depreciation: Contact Listing Agent For Estimate of Savings
  • No Competition Nearby: Closest Quick Lube Oil Change Facility 1+ Miles Away
  • Complete Gut Renovation: Take 5 is in The process of a Renovation and Re-Imaging Prior to This Summer’s Opening

OVERVIEW

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a rare, Fee Simple (Land and Building) Corporate-Guaranteed Take 5 Oil Change which qualifies for 100% Bonus Depreciation. It is located on Hollywood Blvd, one of South Florida’s primary east-west thoroughfares with excellent visibility and access. This brand-new Take 5 is subject to a 15-year triple net lease with four (4) five-year options to extend and 8% rent increases every 5 years, offering a passive, long-term income stream with built-in growth protection. Take 5 is in possession of the premises, about to start renovation/construction, and expected to open in early summer 2026. The subject property features Take 5 Oil Change’s modern drive-thru prototype, situated on a 0.34-acre (14,810 SF) parcel with a 1,257 SF facility. Designed for speed and convenience, the Take 5 model allows customers to remain in their vehicles for fast professional oil changes and maintenance services. This new Take 5 Oil Change is located along Hollywood Blvd with a traffic count of 44,000+ VPD and benefits from immediate proximity to the Florida Turnpike (141,000+ VPD). This densely populated area has 179,000+ residents and solid average household income of $79,000 within 3-mile radius. The property benefits from its strategic position in one of South Florida’s fastest-growing markets in Broward County. Hollywood continues to experience significant residential and commercial expansion, with over 220 residential units planned and being built out in a 1 MI radius of subject- driving increased traffic and long-term demand for essential quick-service automotive businesses. Take 5 Oil Change, a leading brand under publicly traded Driven Brands Holdings Inc. (NASDAQ: DRVN), is one of the fastest-growing quick-lube concepts in North America with over 1,100 locations. Backed by a parent company generating approximately $2.3 billion in annual revenue (FY 2024) and a corporate guarantee, the brand offers strong institutional-grade investment security and a proven model focused on speed, convenience, and customer loyalty. This site represents a new development underscoring the company’s continued expansion in high-traffic South Florida markets.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,923 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5-Brand New 15 Yr Absolute Net (NNN)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

S-MU

APN/PARCEL ID

51-41-13-18-0010

ASK ABOUT THIS PROPERTY

Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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