81 Tulip Oak DrColumbia, SC 29203
Take 5 Oil Change | Columbia, SC | 6.15% Cap
Take 5 Oil Change | Columbia, SC | 6.15% Cap
Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a Take 5 Oil Change in Columbia, SC. The Premises is currently owned by the tenant (Take 5 Carolinas), and they will conduct a sale-leaseback for a 15 year initial term, with four (4) - five (5) year options. The Asset is strategically positioned directly off of Killian Rd, which is the main retail corridor for the entire area and includes tenants such as Walmart, Chick-Fil-A, Kroger, etc, and is surrounded by auto dealerships and other retail users.
Investment Highlights
Experienced Operator
- Franchise currently operates 17 locations
- 6 more to open by end of 2024
- First Take-5 Franchise in the entire system
Well Known Brand
- Take 5 has over 1,000 locations with plans to expand to 1,600 by the end of 2026
- Approximately 60 franchisee are developing throughout the Country + Canada
Attractive Lease Fundamentals
- 15 Year Ground Lease
- 10% rental increases every 5 years including options
- Four (4) - five (5) year options
- Zero LL responsibilities
Good Visibility in Major Retail Corridor
- More than 36.4K cars travel on Killian Rd
- Over 1.1MSF of retail space located in a 1-mile radius (National tenants include: Walmart, Kroger, Chick-Fil-A, Chipotle, Applebee’s, & Panera Bread)
Accessible Location to Commuters
- Approximately 0.4 miles to I-577 (92.6K VPD)
- Down the street from Hampton Inn & Suites (108 Key Hotel) a proposed Home2 Suites by Hilton (105 Key Hotel)
Synergy with Surrounding Auto Businesses
- Nearby Auto Dealers include: McDaniels Acura, McDaniels Volkswagen, Midland’s Honda
- Across the street from Trane’s 1MSF manufacturing facility
Photo Gallery
81 Tulip Oak DrColumbia, SC 29203
Trane's 1MSF Distribution Center
Sales Team
Atlantic Capital Partners - Charlotte
Listing provided by Revere CRE