Property size: 5,466
834 W Sumner St, Hartford, WI 53027
2920 52nd St, Kenosha, WI 53140
7520 Woodward Ave, Woodridge, IL 60517
Cushman & Wakefield | Boerke is pleased to present for sale this three-property portfolio of Take 5 Oil Change located in Wisconsin and Illinois. Available as a portfolio or as individual assets, all locations recently executed fifteen (15) year absolute net leases that terminate on February 6th, 2034 and feature zero landlord responsibility.
Take 5 Oil Change is a leading fast lube chain in the southeastern United States and is exhibiting incredible growth. Focused exclusively on oil changes and ancillary services, Take 5 has grown to 250 plus stores since 2004 and is becoming an industry leader in the space.
The lease for every location is corporately guaranteed by Driven Systems, LLC. Driven Brands was acquired by Roark Capital in 2015, an Atlanta based private equity firm with approximately $11 billion in equity capital raised since its inception.
- Absolute Net Structure
- NO Landlord Responsibility
- Internet Resistant Tenant
- Driven Systems Guaranty
- 10% Rental Escalations Every 5 Years
- Located in Wisconsin and Illinois
- Remodels Scheduled for All Locations
- Over Next 24 Months