Take 5 Oil Change

THE ASSET

• Strong Brand and Operator – Take 5 has over 1,000 locations nationwide and the operator, Baldwin Capital Partners has over 29 locations and counting.
• Long-Term Lease with Built-In Rent Growth – 12 years remaining on the initial term with four 5-year renewal options.
• Scheduled Rent Increases – 10% bump in 2027 and 2032, followed by 10% rental increases in options 1-5, providing consistent income growth.
• No Landlord Responsibilities – Absolute NNN lease, making this a true passive investment.
• New Construction – Built in 2021, reducing near-term capital expenditure risks.
• Strategic Location – Located at 559 N Line St, Columbia City, IN, a prime retail corridor across rom Walmart and as an outparcel to Aldi.
• Economic Stability in Fort Wayne MSA – The Fort Wayne Metropolitan Area boasts 264,514 residents and a strong employment base with major employers like General Motors, Parkview Health, Raytheon, and BAE Systems.
• Investment-Grade Parent Company – Take 5 is a subsidiary of Driven Brands (NASDAQ: DRVN) with an S&P credit rating of B+.