Listing Summary
Lee & Associates is pleased to present an investment opportunity in a Take 5 Oil Change located in Avondale, Arizona.
Full Description
Lee & Associates is pleased to present an investment opportunity in a Take 5 Oil Change located in Avondale, Arizona. This corporate-operated asset is backed by Driven Brands, Inc., one of the largest automotive services companies in the U.S., and benefits from a long-term absolute triple-net (NNN) ground lease offering passive, worry-free income with no landlord responsibilities.
Built in 2023, the property features a 13-year lease with 10% rent increases every 5 years, including renewal options—providing built-in rental growth and strong tenant commitment. Strategically positioned as an outparcel to a high-traffic Home Depot and Sam’s Club-anchored center, the site sees exposure to over 5.4 million annual visitors and benefits from consistent consumer draw.
Located at the signalized hard corner of I-10 (219,000 VPD) and Dysart Road (57,000 VPD), this high-visibility asset sits at a key gateway into the Phoenix metro area. It is surrounded by dense residential neighborhoods, national retailers, and active commercial developments, ensuring a strong customer base.
Avondale continues to see significant population growth, with over 226,000 residents within a 5-mile radius and an average household income exceeding $118,000. The area's expanding industrial and healthcare sectors, along with robust demographic trends, make this a compelling opportunity for investors seeking stability, growth, and minimal management in a thriving submarket of Phoenix.
Quick Glance
- Listing ID:
CL-Arizona-14904
- Status:
Active
- Year Build:
2023
- Building Size:
1,493 SqFt
- Lot Size:
N/A