Tenant Profiles

Take 5 Oil Change

B+E > B+E INSIGHTS > Tenant Profiles > Take 5 Oil Change

02/28/2024 By B+E

Take 5 Oil Change

take5oilchange.com | Driven Brands

64
Number on Market

$1.9M
Average Price

15.5
Average Remaining Term (Years)

5.92%
Average Cap Rate

Take 5 Oil Change Tenant Overview

Take 5 Oil Change is a provider of automotive oil change and maintenance services. Founded in 1984, the company is headquartered in Charlotte, NC, and operates over 800 locations throughout the United States. Take 5 Oil Change is owned by Driven Brands, a leading automotive franchise company.

Take 5 Oil Change properties are a staple in the net lease investment sales market due to the company’s investment grade status, along with high-quality underlying real estate. Take 5 Oil Change is known for its quick and efficient oil change services, as well as its commitment to using high-quality products, which has helped it build a loyal customer base.

Tenant Data:

Company	Take 5 Oil Change
Parent Company	Driven Brands, Inc.
Ownership	Public
Headquarters	Charlotte, NC
Ticker	NASDAQ: DRVN
Credit Rating	BBB- (S&P)
Annual Revenue	$2.12B (2023)
Locations (North America)	± 800
Regions	North America
Website	take5oilchange.com

Average Take 5 Oil Change Info
Number on Market	65
Average Price	$1,850,525
Average Remaining Term	15.5 Years
Average Cap Rate	5.92%
Average NOI	$109,045
Average PPSF	$1,176
Average Building SF	1,903 SF
Average Lot Size	0.65 AC
AS OF 02/01/2024