Depew, NY Take 5 Oil Change

Property Highlights

• New 15-year Absolute Net Lease provides completely passive ownership and stable cash flow
• Guarantee from Purple Square Management, an experienced 235+ unit operator of multiple brands including Take 5, Dunkin’, Popeyes, and Rent-A-Center
• Purple Square currently operates 24 Take 5 locations with plans to open 10 more in 2023
• Take 5’s parent company, Driven Brands (NASDAQ: DRVN), is the largest automotive services company in North America with over 4,700 locations (800+ Take 5 locations)
• High profile free-standing building on oversized .70 Acre lot with full access from Transit Rd., the primary retail thoroughfare serving Depew
• Attractive going in yield with fixed 10% rental increases provide income growth and hedge against inflation
• E-commerce and recession resistant business model with touch-free drive-thru service
• Strategically located between two major intersections with destination retailers including Walmart Supercenter, Target, Kohl’s, Wegman’s, Tops Market and Aldi
• Affluent suburban market with 60,000 people and $97,000 AHHI in 3 miles