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The Boulder Group Arranges Sale of New Construction Net Leased Take 5 Oil Change in Lee’s Summit, Missouri (Kansas City MSA)
Investor demand for stable, long-term rental income from net-leased retail properties drives the sale of a newly constructed Take 5 Oil Change.
- The Boulder Group, a real estate firm, arranged the sale of a newly constructed Take 5 Oil Change property in Lee's Summit, Missouri, for an undisclosed price.
- Take 5 Oil Change, a subsidiary of Driven Brands Holdings Inc., pioneered a stay-in-your-car maintenance model allowing customers to receive service without leaving their vehicles.
- Strategically positioned along Route 291, which carries approximately 30,130 vehicles daily, the property attracts investors seeking essential service real estate in the Kansas City metropolitan area.
- The property operates under a fifteen-year absolute net lease with ten percent rental escalations every five years, requiring the tenant to cover all property taxes, insurance, and maintenance.
- Investors view the quick-service automotive sector as resilient given essential maintenance demand, with net lease structures offering long-term passive income potential across the Kansas City metro portfolio.
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63 Articles
The Boulder Group Arranges Sale of New Construction Net Leased Take 5 Oil Change in Lee's Summit, Missouri (Kansas City MSA)
Press release - ABNewswire - The Boulder Group Arranges Sale of New Construction Net Leased Take 5 Oil Change in Lee's Summit, Missouri (Kansas City MSA) - published on openPR.com
Coverage Details
Total News Sources63
Leaning Left2Leaning Right3Center24Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
C 83%
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