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7423 Oswego Rd, Liverpool, NY, 13090

Take 5 Oil Change
$2,100,000

Key Information

Cap Rate
6.5%
Year Built
2024
Term Remaining
±13.75 YRS
Type
Retail
Leasable Area
1,735

Highlights

  • Brand new 2024 build-to-suit construction
  • 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
  • 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)
  • Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
  • Affluent demographics with an average household income of $104,064 annually (5-mile radius)
  • Liverpool is suburb of Syracuse, located at the north end of Onondaga Lake
  • The subject property is a pad site to an Aldi grocer anchored center, which sees more than 25,800 vehicles daily
  • 5-Mile population exceeds 109,600 residents

Photos

Location

Agents

Broker of Record

Cory Rosenthal

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