Investment Highlights

NEW 15-YEAR ABSOLUTE NNN GROUND LEASE
» New 15-year absolute NNN corporate ground lease with 10% rental increases every five (5) years
» No landlord management, ideal for an out-of-area investor
» Take 5 is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3 billion in system-wide sales)
» Take 5 is experiencing explosive growth as Driven Brands scaled the business from less than 50 locations to more than 800 company-operated and franchised locations across the U.S. and Canada
» Take 5 is ranked in Entrepreneur magazine’s 2022 list of the Fastest-Growing Franchises
» In 2021, Take 5 earned the 152nd spot on the Franchise Times magazine’s Top 400 list

LOW GROUND RENT CORPORATE TAKE 5 SURROUNDED BY HIGH PERFORMING QSR’S
» High-visibility location along East Main Street (18,800 AADT), one of the most heavily trafficked thoroughfares in Alice with a second entry point on East Houston Street, providing convenient entry/exit to the property
» Outparcel to Sutherlands and well-positioned next to top performing McDonald’s ($3.94M – top 20%), Whataburger ($4.47M – top 13%), and Popeyes ($2.056M – top 36%) in one of Alice’s main retail corridors
» Strategic location adjacent to an H-E-B grocery store & fuel station and situated near several high-volume car dealerships and auto parts stores
» Located in a burgeoning retail corridor with a Chick-fil-A under construction nearby
» Projected 11% average annual household income increase within five miles of the site over the next five years
» Gateway to Corpus Christi, the 8th largest city in Texas with a population of 317,773
» Beneficial proximity to Alice Airport and Corpus Christi International Airport

NEW 2023 CONSTRUCTION IN A TAX-FREE STATE
» New high-quality 2023 construction featuring three (3) service bays, deliverable well below replacement cost
» Drive-thru oil change in less than five minutes, with the customer remaining in their vehicle during service
» Take 5 Oil Change was awarded the J.D. Power award for the highest overall customer satisfaction in quick oil change in 2021
» Texas is an income tax-free state

Property Description

» This Take 5 Oil Change is located along East Main Street (18,800 AADT), one of the most heavily trafficked thoroughfares in Alice, offering superior visibility
» The site provides a convenient second entry point on East Houston Street
» The property is outparcel to a Sutherlands and well-positioned next to top performing McDonald’s ($3.94M – top 20%), Whataburger ($4.47M – top 13%), and Popeyes ($2.056M -top 36%) in one of Alice’s main retail corridors
» The location benefits from its proximity to Enterprise Rent-A-Car, several dealerships & auto parts store, and a well-trafficked H-E-B grocery store and fuel station, providing access to an ideal, nearby customer base
» The site is supported by 21,300 residents within a five-mile radius, with average annual household incomes projected to increase 11%over the next five years
» The location maintains beneficial proximity to Alice Airport and Corpus Christi International Airport and is a gateway to Corpus Christi, the 8th largest city in Texas with a population of 317,773