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 $90,241 annually (5-mile radius)
Located at the hard signalized corner of Mt Hope Ave & Crittenden Blvd (±33,664 vehicles daily)
The subject property is located directly adjacent to Strong Memorial Hospital, one of Rochester premier hospitals with approximately 886 beds.
The subject property is within close proximity to The University of Rochester, Monroe Community College, and Rochester Institute of Technology (combined enrollment of ±36,600 students)