Take 5 Oil Change at 931 S General McMullen Drive presents the opportunity to acquire a newly constructed, corporate-operated net leased asset in San Antonio, Texas. The property is occupied by Take 5 Oil Change, a subsidiary of Driven Brands, under a 15-year ground lease with three additional 5-year renewal options. The lease structure provides for 10% rent increases every five years throughout the base term and renewal periods, creating contractual income growth over the investment horizon.
The tenant is responsible for taxes, insurance, maintenance, repairs, utilities, and capital improvements, minimizing landlord responsibilities and supporting a passive ownership profile. As a corporate-operated location rather than a franchise, the property benefits from direct tenancy by one of the fastest-growing automotive service brands in North America. Driven Brands operates approximately 4,900 locations across the United States and internationally, with Take 5 Oil Change serving as its largest revenue contributor.