825 Union BlvdClayton, OH 45315
- Retail properties
- 1,435 SF
Property Details for 825 Union Blvd
- Year built
- 2023
- Lot size
- 0.65 AC
- Property size (Sq ft)
- 1,435 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
Exceptional investment opportunity: a 1,435 square foot Take 5 Oil Change in Clayton, Ohio (Montgomery County, zip code 45315), located at 825 Union Blvd. This property sits on a 0.65-acre lot and boasts a strong 6.25% cap rate, generating a net operating income (NOI) of $100,000 annually. The property is subject to a 20-year absolute triple-net (NNN) lease with a corporate guarantee from Driven Brands Funding, LLC, ensuring consistent cash flow. The lease commenced in 2023 and includes four, five-year renewal options. Annual rent is $100,000, with a 1.50% annual increase starting in year two. The asking price is $1,600,000, translating to $1,114.98 per square foot. This is a single-tenant, 100% occupied retail property offering long-term stability and significant return on investment. The building was constructed in 2023. This is a sale-leaseback opportunity providing a secure and passive income stream. The property's prime location and strong tenant ensure a compelling investment proposition.
Location Insight
- City
- Clayton
- County
- Montgomery
- State
- Ohio
- Latitude
- 39.8634
- Longitude
- -84.3118
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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