Cap Rate: 5.75%
Net Operating Income: $57.992.90
Square Footage: 1,798
Lot Size: 0.23 AC
The Kase Group is pleased to present this Absolute NNN Leased Take 5 Oil Change in Crawfordville, Florida. The lease calls for zero landlord obligations and expires on February 6, 2034. Take 5 Oil Change also has 10% increases in rent every 5 years. The asset is well situated on a major commercial thoroughfare and is surrounded by major retailers including Winn Dixie, Advance Auto Parts and McDonald’s.
Crawfordville is an unincorporated community and county seat of Wakulla County, Florida, United States. Crawfordville is the headquarters of the St. Marks Powder company manufacturing ball propellant used for more than 95 percent of United States military small arms ammunition.