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13490 Olive Blvd
Chesterfield, MO 63017

$1,867,039 USD

Service Station For Sale  •  3,210 SF

Property Details

• Property Type Service Station
• Total Building Size 3,210 SF
• Lot Size 0.54 AC
• Building Class B
• Year Built 1996
• Cap Rate 6.50 %
• Tenancy Single
• Zoning C2

30 Transit Score

50 Walk Score

Highlights

This Take 5 Oil Change is leased on a 15-year Absolute Triple Net (NNN) Lease basis with 4, 5-year renewal options.

Take 5 Oil Change is a subsidiary of Driven Brands, the largest automotive services company in North America with $1.85 billion in annual revenue.

The lease features contractual 10% rent escalations at the start of lease year 6, 11, 16, and every 5th year thereafter through all renewal periods.

The lease is personally guaranteed by the operator for a minimum of 5 lease years (with a $10M gross sales revenue burnoff threshold).

Located at the signalized intersection of Olive Boulevard and Woods Mill Road in Chesterfield, Missouri.

The property occupies approximately 0.54 acres at the corner of Olive Boulevard and Woods Mill Road, 2 major Chesterfield thoroughfares.

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Take 5 Oil Change	3,210 SF	5/31/2041

Amenities

• Bus Line
• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
St Louis Lambert International	25 min	-	15.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes