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232 Grant Ave, Auburn, NY, 13021

Take 5 Oil Change
$2,046,428

Key Information

Cap Rate
7%
Year Built
2025
Term Remaining
±14.75 YRS
Type
Retail
NOI
$143,250
Leasable Area
1,340

Highlights

  • Brand new 2025 build to suit construction for Take 5 Oil Change
  • 15-year absolute NNN lease with zero landlord responsibilities
  • 10% rent increases every 5 years for the entire term of the lease (base + options)
  • The property qualifies for bonus depreciation (consult with a tax professional for details)
  • Corporate guarantee from an experienced Take 5 Oil Change operator (+60 Take 5 locations & 245 locations across all franchise brands)
  • ± 30,000 Vehicles daily on Grant Ave directly in front of the store
  • 5-Mile population exceeds 36,000 residents
  • Strong retail synergy with national retailers such as Walmart Supercenter, Lowe’s, Tractor Supply, Marshall’s, Harbor Freight, Five Below, and many more

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203