Take 5 Oil Change | Hendersonville, TN

For Sale

Take 5 Oil Change | Hendersonville, TN

Asking Price: $1,190,000 | Cap Rate: 5.75%

• Net Operating Income: $68,500
• Weighted Avg. Lease Term (WALT): 10 Years
• Lease Type: Ground

Property Highlights

• Leased to Take 5 Oil Change with a 10-year Ground Lease with zero landlord responsibilities
• Brand new construction, completed in September 2020
• Personally guaranteed by rapidly expanding franchisee; committed to 12 locations in Tennessee
• Located on Main Street and near Route 386 which sees a combined total of 137,267 VPD