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 5locations & 245 locations across all franchise brands)
Affluent demographics with an average household income of $109,435 annually (5-mileradius)
± 65,300 Vehicles daily at Aviation Rd & I-87
5-Mile population exceed 50,600 residents
Queensbury is located just south of the famous Lake George – a popular tourist destination
Located directly across from Aviation Mall with national tenants such as Target, CVS, Planet Fitness, Ollie’s, Regal Cinemas, and many more Tenant Highlights
Strong Guaranty from Purple Square Management Company, LLC – operates245 franchise locations across 15 states.
Purple Square is an operator of Take 5, Dunkin, Baskin Robins, The Brass Tap, Popeyes, Rent-A-Center, Small Sliders, American Family Care and more.
Take 5 is one of the nation’s leading drive-thru oil change concepts with approximately ±1,500 locations across the United States
Driven Brands operates more than 5,000 units including Take 5 Oil, Meineke Car Care, Maaco, 1-800-Radiator, CARSTAR and more
Driven Brands has roughly 5,000+ locations throughout 14+ countries, and services more than 70+ million vehicles annually