Glen Allen, VA - Take 5 Oil Change

Description:

• Quick Lube of Carolina (40+ units) guaranteed lease, they are the largest Take 5 Franchisee in the Driven Brands System
• 15 years remaining with 4 (5-year) option periods to extend
• 10% increases every 5 years throughout the term and at the beginning of each option period

• The subject property is located 1/2 mile from a Target anchored center
• Less than one mile north of Village at Virginia Center Commons, a new residential development & adjacent to Northcross Center, anchored by Home Depot
• Bank of America is located less than one mile from a newly announced Kroger anchored center, slated to break ground in 2027 (Link)
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000003T5aUYAS