Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a Take 5 Oil Change located in North Charleston, SC.
Investment Highlights
- True Mailbox Money: Absolute net ground lease with ZERO landlord responsibilities
- Long-term Lease: Renovated in 2020 with ±14 years remaining of the initial term plus five 5-year option periods
- Favorable Rent Growth: Robust rent growth of 10% every 5 years contributes to appreciation and acts as a hedge against inflation
- Attractive Price Point & Inexpensive RSF: Attractive price point due to the low market rent
- Excellent Access to Population Density: Easy access to 125,000 residents within 5 miles, with expected growth of 7.5% by 2025
- Exceptional Infill Location: Located on a hard corner with a traffic light and access to Interstate 26
- High Volume Traffic & Visibility: Located just off I-26 (±138,000 VPD) with frontage on Rivers Ave (±33,600 VPD) & Remount Rd (±26,600 VPD)
- Booming Greater Market: Charleston MSA is one of America’s most highly sought after and growing markets with extremely high barriers to entry
- Charleston Accolades: #1 Top City in World (Condé Nast), #1 Best City in the U.S. (Travel + Leisure), #1 Moving Destinations (Realtor.com)

