Property Highlights
- Newly constructed Take 5 Oil Change with corporate guarantee
- Long-term ground lease with 10% rent increases provides rental growth and hedge against inflation
- High profile, signalized corner location with excellent visibility to 56,000 cars per day along U.S. Highway 19
- Shared intersection with two regional shopping centers anchored by Bed Bath & Beyond, Ross Dress For Less and Burlington
- E-commerce and recession proof business model with drive-thru service
- Driven Brands is the largest aftermarket automotive service operator in the U.S. with over 3,100 locations including over 500 Take 5 locations
- 51,000 people moved to the Tampa area in 2018 making it the 9th fastest growing MSA in the U.S.
- Ideal investment for passive investor with no landlord maintenance obligations
- Florida is a tax free state