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Take 5 | New 15yr Abs NNN w/ Incrs 913 E Huntington Dr

824 SF Retail Building Monrovia, CA 91016 $2,693,193 CAD ($3,268 CAD/SF) 5.79% Cap Rate

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Investment Highlights

Brand New 15-Year Deal | Scheduled Rental Increases | Established Brand
Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Hospital
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | Interstate 210 (256,000 VPD) | Excellent Visibility

Executive Summary

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, investment property located in Monrovia, California. The tenant, Take 5 Oil Change recently signed a brand new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years 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 will features a state-of-the-art design and high-quality materials. Take 5 has over 800 company-owned and franchised service centers throughout the United States and Canada.