7945 Watson Rd - Fast Food FOR SALE


Saint Louis, MO 63119- Marlborough
$2,643,000 USD
949-724-5552
7945 Watson Rd, Saint Louis, MO for Sale
$2,643,000 USD
Fast Food - FOR SALE
1/8
null | 6.25% Cap Rate

7945 Watson Rd
Saint Louis, MO 63119
Marlborough


HIGHLIGHTS

  • Brand New Construction - Absolute NNN - Take 5 Oil Change – St. Louis County, MO
  • New 15 Year Lease – Four 5-Year Option Periods - Unconditional Guaranty from Franchisee
  • 1,300+ Drive-Through Oil Change Service Centers – Rapid Brand Expansion Across the Country
  • Subsidiary of Driven Brands (NASDAQ: DRVN) – Market Cap Exceeding $2.2B
  • Inflation Resistant Cash Flows – 10% Rent Increases Every 5 Years (Primary Term & Options
  • Strategically Positioned on Prominent Hard Corner Signalized Intersection

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the single tenant absolute NNN leased Take 5 Oil Change in St. Louis, MO. Take 5 is owned by Driven Brands (NASDAQ: DRVN), the largest automotive aftermarket company in North America and operates over 4,800 automotive oriented service centers across 13 countries. The new long-term lease has a 15-year primary term with four 5-year option periods, 10% rent increases every 5 years and an unconditional guaranty providing worry-free income for years to come. The 1,700 SF standalone building on 0.56-acre parcel is strategically located on the hard corner signalized intersection of Watson Drive and S Laclede Station Road which sees over 41,200 VPD and is 12 miles from downtown St. Louis, MO (MSA population exceeding 2.8 million). Nearby retailers include Walmart Supercenter, ALDI, Dierbergs Markets, Walgreens, CVS Pharmacy, 7-Eleven, Circle K, McDonald’s, Taco Bell, Jack in the Box and More. This is an excellent opportunity to purchase an absolute NNN leased essential service tenant with an unconditional guaranty, strong rent increases and no landlord duties, providing effortless income for a hands-off investor.

FOR SALE DETAILS

PRICE

$2,643,000 USD

PRICE/SF

$1,542 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C1

APN/PARCEL ID

24K-31-0741

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

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