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834 W Sumner St, Hartford, WI 53027
2920 52nd St, Kenosha, WI 53140
7520 Woodward Ave, Woodridge, IL 60517
Cushman & Wakefield | Boerke is pleased to present for sale this three-property portfolio of Take 5 Oil Change located in Wisconsin and Illinois.? Available as a portfolio or as individual assets, all locations recently executed fifteen (15) year absolute net leases that terminate on February 6th, 2034 and feature zero landlord responsibility.?
Take 5 Oil Change is a leading fast lube chain in the southeastern United States and is exhibiting incredible growth.? Focused exclusively on oil changes and ancillary services, Take 5 has grown to 250 plus stores since 2004 and is becoming an industry leader in the space.?
The lease for every location is corporately guaranteed by Driven Systems, LLC.? Driven Brands was acquired by Roark Capital in 2015, an Atlanta based private equity firm with approximately $11 billion in equity capital raised since its inception.?
Basic Details:
?Absolute Net Structure
?NO Landlord Responsibility
?Internet Resistant Tenant
?Driven Systems Guaranty
?10% Rental Escalations Every 5 Years
?Located in Wisconsin and Illinois
?Remodels Scheduled for All Locations
?Over Next 24 Months
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 4,836 | 15,257 | 22,810 | |
Population Median Age | 38 | 39 | 39 | |
Population by Age | 0-9 Yrs | 608 (12%) | 2131 (13%) | 2960 (12%) |
10-19 Yrs | 662 (13%) | 2190 (14%) | 3145 (13%) | |
20-29 Yrs | 623 (12%) | 1580 (10%) | 2355 (10%) | |
30-39 Yrs | 548 (11%) | 1696 (11%) | 2487 (10%) | |
40-49 Yrs | 676 (13%) | 2084 (13%) | 3298 (14%) | |
50-59 Yrs | 953 (19%) | 2500 (16%) | 3687 (16%) | |
60-69 Yrs | 374 (7%) | 1515 (9%) | 2458 (10%) | |
70+ Yrs | 392 (8%) | 1561 (10%) | 2420 (10%) | |
Median HH Income | $60,508 | $61,813 | $68,333 | |
Total Household Income | < 24K | 282 (14%) | 889 (14%) | 1175 (12%) |
25-49K | 512 (25%) | 1483 (24%) | 2008 (21%) | |
50-74K | 384 (19%) | 1192 (19%) | 1810 (19%) | |
75-99K | 327 (16%) | 927 (15%) | 1509 (16%) | |
100-199K | 481 (23%) | 1490 (24%) | 2349 (25%) | |
200K+ | 24 (1%) | 115 (1%) | 282 (3%) | |
Highest Education Level | No Diploma | 179 | 746 | 1074 |
Diploma or GED | 1161 | 3558 | 5482 | |
Some College | 735 | 2179 | 3308 | |
Assoc. Degree | 393 | 1076 | 1699 | |
Bachelors Degree | 554 | 1900 | 2942 | |
Higher Degree | 230 | 614 | 998 | |
Total Housing Units | 2,112 | 6,419 | 9,618 | |
--Owner-Occupied | 1,299 | 4,241 | 6,723 | |
--Renter-Occupied | 710 | 1,855 | 2,410 | |
Owner-Occupied Values | < 100K | 20 | 119 | 219 |
100-199K | 1030 | 2152 | 2702 | |
200-299K | 201 | 1531 | 2487 | |
300-399K | 29 | 279 | 815 | |
400-499K | 17 | 111 | 312 | |
500K+ | 2 | 49 | 188 | |
Total Working Age Population | 3,879 | 11,949 | 18,099 | |
In Work Force | 2,871 | 8,394 | 12,657 | |
Not In Work Force | 1,008 | 3,555 | 5,442 | |
Workforce Employed | 2,800 | 8,112 | 12,292 | |
Workforce Unemployed | 71 | 282 | 365 | |
Civlian Workforce | 2,871 | 8,394 | 12,657 | |
Military Workforce | 0 | 0 | 0 | |
Total Households | 2,010 | 6,096 | 9,133 | |
Family Households | 1,279 | 4,043 | 6,240 | |
Non-Family Households | 731 | 2,053 | 2,892 | |
Married Couple | 913 | 3,084 | 4,951 | |
Other Family | 366 | 959 | 1,290 | |
Married w/Child | 374 | 1,259 | 1,975 | |
Single Male w/Child | 57 | 119 | 170 | |
Single Female w/Child | 148 | 453 | 551 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Wisconsin | 5,363,675 | +6 | 5,686,986 | +6 | 6,005,080 | +6 | 6,375,910 |
Dodge County | 85,897 | +3 | 88,759 | +4 | 92,035 | +5 | 97,020 |
Washington County | 117,493 | +12 | 131,887 | +9 | 144,140 | +11 | 160,280 |