Property Description

Take 5 operates under an absolute triple-net ground lease, assuming full responsibility for real estate taxes, property insurance, utilities, maintenance, and all structural obligations including roof, structure, and parking lot. The lease features 10% rent escalations every five years through the initial term and all four renewal options. he property is an outparcel to Waynesboro Marketplace, situated along U.S. Route 340/Rosser Avenue (29,000 AADT) with immediate access to Interstate 64 (43,000 AADT). The subject is adjacent to Chipotle, Aspen Dental, Sheetz, Popeyes, and Texas Roadhouse, and shadow-anchored by a Walmart Supercenter. The surrounding retail corridor includes Target, Home Depot, Lowe's, Best Buy, ALDI, Chick-fil-A, and more than a dozen other national tenants. Within a five-mile radius, more than 42,000 residents and a daytime population exceeding 46,800 generate consistent daily demand for automotive services. Take 5 Oil Change, founded in 1984, operates more than 900 locations across the United States and Canada, making it one of the largest and fastest-growing quick-lube franchises in North America.

Property Features