INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased Take 5 Oil Change located in Spring Hill. This exceptional investment is secured by an absolute triple net (NNN) lease with 11.1 years remaining on an original 15-year term term along with 10% increases every 5 years annually with four 5-year options.

Take 5 now operates within a combined network of over 1,420 locations across the U.S. Owned and operated by a network of high-performance franchisees, this Take 5 is operated and offers a lease Guaranty from Purple Square Management Co, which operates over 230 units. Take 5 has a loyal customer base and is poised to grow further after being acquired in 2016 by Driven Brands Holdings.

Strategically located in Spring Hill in the shadow of several other national tenants (Publix, Denny’s, Cracker Barrel, 7Brew, Jersey Mike’s, etc), the property benefits from superior visibility, signage and access with traffic counts exceeding 19k vehicles per day.

With its strong real estate fundamentals, triple-net lease structure, experienced-franchisee guarantee, and premier location, this offering truly represents a passive, low-risk opportunity.

• 11.1 Years Remaining on a 15-Year Absolute NNN Lease | Corporate Guaranteed Lease | Bonus Depreciation Eligible
  • Take 5 Oil Change has 11.1 years left on their original 15-Year lease with four (4) 5-year extension options
  • The lease is guaranteed by Purple Square Management, Co, a Franchisee that operates over 230 units
  • The lease includes 10% rent increases every 5 Years, including during the option periods
  • The next rent increase occurs October of 2027
  • The property is eligible for 100% Bonus Depreciation
• Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Tenant pays for Taxes, Insurance, CAM, and maintains all aspects of the building including roof, structure, and parking lot
  • Zero Landlord Responsibilities
  • Ideal Management Free Asset for a Passive Investor
• Prime Location on a Rare, Funglible Parcel in the Tampa MSA and Surrounded by Other National Retailers
  • Located on Commercial Way (19.2k+ VPD), 35 Miles from Downtown Clearwater and 36 Miles from Downtown Tampa
  • Located Central to Other Major Retailers (Publix, Best Buy, 7 Brew Coffee, Cracker Barrel, Denny’s, Tires Plus, Aldi, etc.)
  • Rare Large, Fungible Parcel – Many Take 5 Oil Change Sites Are Irregularly Shaped, Sub-0.5 Acre Lots
• Strong Area Demographics | Expected High Growth Area
  • Strong Area Demographics: >64,000 Residents witin a 5-mile radius and projected population growth >10% over the next 5 years
  • Median Incomes within a 1-mile Radius exceed $70k and $76k within 5-miles
  • 15.7k annual visitors with 9.6k Unique Annual Visitors