A Take 5 Oil Change property in Rochester, New York, has been sold for $2.255 million, according to a report from the New York Real Estate Journal.
The 1,640 square-foot Take 5 Oil Change property at 1300 Hylan Dr. has a triple-net lease with over 14 years remaining, and four five-year renewal options. The lease is currently guaranteed by Purple Square Management Company, LLC, who operate 50 other Take 5 stores.
The property is placed on a retail corridor along Hylan Dr, and is just .25 miles north of I-390. It’s also nearby other retail brands including Walmart, Target, Lowe’s, Home Depot, ALDI, Best Buy, JCPenney, CarMax, Pep Boys, Mobil, Caliber Collision, multiple car dealerships, Starbucks, Cracker Barrel, Olive Garden, Chick-fil-A, Wendy’s, McDonald’s, Tim Hortons, and Texas Roadhouse.
The University of Rochester and Rochester Institute of Technology are also both within five miles of the property.
