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1045 Ridge Rd, Webster, NY, 14580

Take 5 Oil Change
$2,497,015

Key Information

Cap Rate
6.5%
Year Built
2024
Term Remaining
±14.25 YRS
Type
Retail
NOI
$162,306
Leasable Area
1,723

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 $136,783 annually (5-mile radius)
  • Located directly across from a Target, Wegman’s, Khol’s, Dicks Sporting Goods, Home Goods, PetSmart, Ulta, and LA Fitness anchored power center
  • Webster is a suburb of Rochester NY, the 5-mile population is ± 76,888 residents
  • ±1,723 SF building on ±1.25 acres offering efficient site design and modern curb appeal

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