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Take 5 Oil Change 1471 Mount Hope Ave 1,411 SF Retail Building Rochester, NY 14620 $2,977,692 CAD ($2,110.34 CAD/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand new 2024 build-to-suit construction
- 10% rent increases every 5 years for the entire term of the lease (base + options)
- Full-term franchise guarantee from an experienced Take 5 Oil Change operator (±60 T5 locations & 245 locations across all franchise brands)
- 15-year absolute NNN lease with zero landlord responsibilities for maintenance, taxes, insurance, or capital expenditures
- The property qualifies for bonus depreciation (consult with a tax professional for details)
- Affluent demographics with an average household income of $90,241 annually (5-mile radius)
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,411 SF
Building Class
B
Year Built
2024
Price
$2,977,692 CAD
Price Per SF
$2,110.34 CAD
Cap Rate
6.50%
NOI
$193,550 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.20 AC
Parking
10 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Mt. Hope Service Center
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Mt. Hope Service Center | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 261400 136.61-1-28.001 | Improvements Assessment | $117,475 CAD |
| Land Assessment | $53,703 CAD | Total Assessment | $171,178 CAD |
PROPERTY TAXES
Parcel Number
261400 136.61-1-28.001
Land Assessment
$53,703 CAD
Improvements Assessment
$117,475 CAD
Total Assessment
$171,178 CAD
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Take 5 Oil Change | 1471 Mount Hope Ave
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