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Investment Highlights

  • Driven Brands has approximately 8 years remaining with 10% rent increase in 2029
  • Absolute net lease with zero landlord responsibilities including roof and structure
  • Essential auto-care services support consistent demand in any economy
  • Tenant paying ~$24 PSF for 9-bay facility with healthy rent metrics
  • Lease backed by Driven Systems LLC (NASDAQ: DRVN) providing strong credit
  • Premier retail corridor with average household incomes exceeding $144,000

Executive Summary

Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
BK3554632, CQ1066435 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,060 SF
Building Class
B
Year Built
1991
Price
$2,257,493 CAD
Price Per SF
$556.03 CAD
Cap Rate
6%
NOI
$135,450 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.70 AC
Zoning
AC
Parking
12 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
231’ on Killearn Center

Amenities

  • Dedicated Turn Lane

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Services
  • -
  • -
  • -

Take 5 Oil Change began in Louisiana near New Orleans and was founded in 1984 as Rapid Oil Change. The company built its service model around quick oil changes, minor repairs, and other maintenance work, then introduced a stay-in-your-car concept that became a defining part of the brand. Today, Take 5 Oil Change offers oil changes, fluid top-offs, tire pressure checks, filter and wiper inspections, and related vehicle maintenance through a broad network of company-owned and franchised service centers across the United States and Canada. The company also supports fleet accounts and continues to expand its franchise footprint within the quick-lube market.

Tenant Industry SF Occupied Rent/SF Lease End
Services - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Pure Barre
Club Pilates
Starbucks
Trader Joe's
Synovus Bank
Bonefish Grill
Kwench Juice Cafe
Five Guys
McAlister's Deli
Waffle House

Property Taxes

Property Taxes

Parcel Number
11-08-53-00B-001.2
Land Assessment
$87,788 CAD
Improvements Assessment
$387,343 CAD
Total Assessment
$475,130 CAD
  • Listing ID: 40716474

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 1515 Killearn Center Blvd, Tallahassee, FL 32309

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