Brooksville, FL - Take 5 Car Wash

Description:

• Corporate guaranteed by Driven Brands
• 19 years remaining in the initial lease with 4 (5-year) option periods to extend, demonstrating their long-term commitment to the site
• Lease features 2.00% annual increases starting Jan. 2029 and continuing through the option periods, growing NOI and hedging against inflation

• The asset is ideally positioned near the signalized, hard corner intersection of Sheridan Blvd West 64th Ave which supports over 64,000 vehicles per day
• The site benefits from nearby access to Interstate 70 (90,000 VPD), making this an ideal centralized location with easy commutes
• Located in a dense retail corridor, the site is within close proximity of multiple national/credit tenants including Costco, Walmart Supercenter, Home Depot, Lowes, King Soopers, and more
• Strong tenant synergy increases consumer draw to the immediate subject area and promotes crossover tenant exposure to the site

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Listing ID: a288X000007ZzD0QAK