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Take 5 | New 16yr Abs NNN | New Construction 55th Street NW & Chateau Road

1,750 SF Retail Building Rochester, MN 55901 $4,232,565 CAD ($2,419 CAD/SF) 7% Cap Rate

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Investment Highlights

Brand New 16-Year Deal | Annual Rental Increases | Established Brand | New Construction
Directly Across from Walmart Anchored Center | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | U.S Hwy 52 & 63 |Excellent Visibility

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 investment property located in Rochester, Minnesota. The tenant, Ironside Operations, LLC recently signed a brand new 16 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The newly-constructed building features a state-of-the-art design with high-quality materials. Take 5 Oil Change® has more than 800 company-owned and franchised service centers throughout the United States and Canada.

Rochester MN - Take 5 Oil Change OM