1114 S Lynn Riggs Blvd - Take 5 Car Wash | Driven Brands NASDAQ: DRVN
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1114 S Lynn Riggs Blvd - Take 5 Car Wash | Driven Brands NASDAQ: DRVN
912 SF Specialty Building Offered at $3,293,764 CAD at a 6.50% Cap Rate in Claremore, OK 74017
Investment Highlights
- Corporate Guarantee | Driven Brands Inc +/- 1,100 Locations
- Take 5 Car Wash Located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma (Population 19,580)
- Absolute NNN | Zero Landlord Responsibility
- Claremore is Located in the Ozark Mountains and Home to Rogers University and The Home of Entertainer Will Rogers
Executive Summary
Marcus & Millichap is pleased to present for sale this Take 5 Car Wash located at 1114 S. Lynn Riggs Blvd. in Claremore, Oklahoma. Claremore is a city and county seat of Rogers County in northeastern Oklahoma. The population is over 19,580. Claremore is located in the foothills of the Ozark Mountains and is home to Rogers University and Claremont is best known as the home of entertainer Will Rogers.
Only a few minutes from this Take 5 Car Wash Property is Rogers State University with 1,912 enrolled students and Legacy Christian School with 143 enrolled students. Also nearby are Claremore Indian Hospital with 60 Beds serving the community and Hillcrest Hospital Claremore with 89 Beds serving the community.
Brand new home developments also surround this Take 5 Car Wash Property including Stone Canyon located on over 3,000 acres and with over 800 various homesites available. Also nearby is the sold-out King Ridge by Rausch Coleman and The Estates at Stone Creek by D.R. Horton.
Numerous apartment complexes surround this property including Annex Apartments, Claremore Estates, Asheville Apartments, The Lofts of Claremore, Will Rogers Lofts, Eagles Nest, Deer Run, Lakeshore and Cherokee Apartments.
Take 5 Car Wash is a national chain of express car washes that deliver fast, friendly, and convenient service. Take 5 Car Wash is part of the Driven Brand Family. Headquartered in Charlotte, North Carolina, Take 5 Car Wash is the largest express car wash operator in the United States with 360 sites nationwide.
Only a few minutes from this Take 5 Car Wash Property is Rogers State University with 1,912 enrolled students and Legacy Christian School with 143 enrolled students. Also nearby are Claremore Indian Hospital with 60 Beds serving the community and Hillcrest Hospital Claremore with 89 Beds serving the community.
Brand new home developments also surround this Take 5 Car Wash Property including Stone Canyon located on over 3,000 acres and with over 800 various homesites available. Also nearby is the sold-out King Ridge by Rausch Coleman and The Estates at Stone Creek by D.R. Horton.
Numerous apartment complexes surround this property including Annex Apartments, Claremore Estates, Asheville Apartments, The Lofts of Claremore, Will Rogers Lofts, Eagles Nest, Deer Run, Lakeshore and Cherokee Apartments.
Take 5 Car Wash is a national chain of express car washes that deliver fast, friendly, and convenient service. Take 5 Car Wash is part of the Driven Brand Family. Headquartered in Charlotte, North Carolina, Take 5 Car Wash is the largest express car wash operator in the United States with 360 sites nationwide.
Property Facts
| Price | $3,293,764 CAD | Lot Size | 1.08 AC |
| Price Per SF | $3,612 CAD | Building Size | 912 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 2010 |
| Property Type | Specialty | No. Drive In / Grade-Level Doors | 2 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $3,293,764 CAD |
| Price Per SF | $3,612 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 912 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 660016313 | Improvements Assessment | $141,378 CAD |
| Land Assessment | $76,707 CAD | Total Assessment | $218,086 CAD |
PROPERTY TAXES
Parcel Number
660016313
Land Assessment
$76,707 CAD
Improvements Assessment
$141,378 CAD
Total Assessment
$218,086 CAD
Contacts
-
Ronnie Issenberg -
Gabriel Britti -
Ricardo Esteves -
Peter Deltondo -
Marcus & Millichap
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1114 S Lynn Riggs Blvd - Take 5 Car Wash | Driven Brands NASDAQ: DRVN
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