490 Woodman Dr Riverside, OH 45431

This exceptional investment opportunity features a brand-new, 1,418-square-foot Take 5 Oil Change located at 490 Woodman Dr, Riverside, OH 45431. Situated on a 0.43-acre lot, the property boasts a strong 6.25% cap rate and a substantial net operating income (NOI) of $105,000 annually. The property is subject to a 20-year triple-net (NNN) lease, commencing upon closing, with a corporate guarantee from Driven Funding Holdco, LLC (approximately 3,500 units). This NNN lease structure ensures minimal landlord responsibilities, providing a passive income stream for the investor. The lease includes attractive annual rent increases of 1.50%, further enhancing the long-term return on investment. Built in 2024, this property offers a secure and stable investment with four, five-year renewal options built into the lease agreement. The asking price is $1,680,000, representing a price per square foot of $1,184.77. The property is currently 100% occupied, providing immediate cash flow. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property with a blue-chip tenant in a desirable location. The property's strong financials and long-term lease make it an ideal addition to any investment portfolio.