NNN Take 5 Oil Change Jacksonville, FL

$2,363,636
For sale
14620 Property ID
1,763 SqFt Size

Description

This NNN Take 5 Oil Change investment is located in Jacksonville, Florida and features a brand-new, long-term net lease with a nationally recognized quick-service automotive brand. The property is single-tenant, 100% occupied, and secured by a full 20-year lease term, offering investors predictable income and long-term stability. Fee simple ownership and a true NNN lease structure make this asset well suited for passive investors seeking minimal management responsibilities.

The freestanding auto service building sits on a generous parcel with excellent accessibility and visibility within a well-established Jacksonville retail corridor. The lease is backed by a strong corporate guarantee, reinforcing the tenant’s long-term commitment and providing additional credit security. With strong fundamentals and durable demand drivers, this asset offers reliable cash flow in a growing metropolitan market.

Investment Highlights

  • Corporate Guarantee: The lease is backed by a corporate guarantee from Driven Funding Holdco, LLC, which supports thousands of automotive service locations nationwide and diversified royalty revenue streams across multiple automotive brands.
  • Strong Industry Growth: The U.S. oil change service market is valued at approximately $12 billion and is projected to grow steadily through the end of the decade, driven by increasing vehicle counts and demand for routine maintenance.
  • Recession-Resistant Service: Quick oil change services are considered essential vehicle maintenance, maintaining consistent consumer demand even during economic downturns and supporting stable long-term income.
  • Aging Vehicle Fleet: The average age of vehicles on U.S. roads continues to rise, with consumers holding cars longer due to higher replacement costs, increasing long-term demand for oil change and maintenance services.

Address

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Overview

  • Property ID 14620
  • Price $2,363,636
  • Property Type
  • Property status
  • Size 1,763 SqFt
  • Sub Type Auto Shop
  • Investment Type Net Lease
  • Lease Type NNN
  • Tenant Credit Corporate Guarantee
  • Tenancy Single
  • Brand/Tenant Take 5 Oil Change
  • Lease Term 20 years
  • Remaining Term 20 years
  • Price per SqFt $1,340.69
  • Cap Rate 5.50%
  • Occupancy 100%
  • NOI $130,000
  • Lot Size (acres) 1.1
  • Ownership Fee Simple

Contact

Zena Bardawell Farah

Property Agent

+1 305-967-7200
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