SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, freestanding, newly built, Take 5
Oil Change investment property located in Mount Pleasant, SC. The tenant, ClayCon Hwy 41, LLC (dba Take 5 Oil Change), recently signed a brand new 15-year lease with 3 (5-year) option periods left to extend, demonstrating their long-term 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, growing NOI and hedging against inflation. The lease is signed by an established franchisee and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Established in 1984, Take 5 Oil Change is among the largest oil change services with over 800 operating locations.