2502 West Kennedy Boulevard
Tampa, Florida

STABLE CASH FLOW 

• Take 5 has a NN+ lease with 1.5 years remaining. The lease also includes three (3) 5-year options to extend 

• The option periods include 7.5% rental increases at the beginning of each 5-year option 

• Corporate lease signed by Take 5 Properties SPV, LLC, the real estate holding company for Driven Brands’ Take 5 locations. The corporate lease provides a more secure, reliable income stream for Landlord or potential buyer 



NATIONAL CREDIT TENANT 

• Take 5 Oil Change was founded in 1984 under the name Rapid Oil Change, specializing in minor car repairs and maintenance services 

• Driven Brands, Take 5 Oil Change’s parent company, purchased Take 5 in 2016, becoming the largest automotive aftermarket company in North America. Since its acquisition in 2016, Take 5 has grown from 50 locations to over 1,000 locations 

• Driven Brands owns other national car repair and maintenance companies, including MAACO, Auto Glass Now, and Meineke Car Care Centers 



STRATEGIC LOCATION 

• The asset is located on southwest corner of the intersection of W Kennedy Blvd and S Armenia Ave in Tampa, FL, with a combined AADT of 47,300 

• The property is located 1.5 miles from Downtown Tampa, 0.75 miles from I-275, and 2 miles from Tampa International Airport (TPA) 

• The property is located on W Kennedy Blvd, one of the most prominent east-west retail thoroughfares in the city of Tampa 



STRONG DEMOGRAPHICS 

• 21,937 population within a 1-mile radius 

• $148,479 average household income within a 1-mile radius 

• 6,988 population density within a 1-mile radius (population per square mile)