Investment Highlights

Excellent Daytime Traffic | 4.5 Million Sq Ft of Office, Industrial, Warehouse, Flex, Distribution Space within 1.5 Miles | 1,150 Businesses

• Take 5 benefits from a strong daytime workforce with over 1,150 businesses, occupying 4.5 million sq ft of space within just a 1.5-mile radius. Further, beyond this immediate area there are over 4,500 businesses within just a 3-mile radius.
• Directly behind and across the street from Take 5 is approximately 850,000+ sq ft of warehouse, showroom, light distribution, manufacturing, and office space, with only a 3% vacancy factor. Over 75% of the buildings situated within this are sub 20,000 sq ft and are often home to multiple businesses.
• Take 5 is easily accessible to both areas with direct access to the businesses behind it via Hillshire Circle as well as those across the street via the signalized intersection of Whitten Road and Appling Farms Parkway.
• Notable Tenants in the Immediate Area Include
  • Accredo Health Group
  • ADI Global Distribution
  • Blue Bell Creameries
  • Cagenix
  • Contractors Inc
  • Cor-Bits Coring & Cutting
  • Diligent Delivery
  • Elos MedTech
  • Gant Systems
  • Kellogg
  • LaserShip
  • Mattress Firm
  • McClane Company
  • Pfizer
  • PharMerica
  • StepUP Scaffolding
  • UBC

Ideal Demographics, Proven Do-It-Yourself Demand | 72,000+ Residents | $80,000+ Avg HH Income

• The area in and around Take 5 is a proven area for auto-service, oil change, and do-it-yourself auto repair. The closest Take 5 Oil is approximately 5.5 miles away in a different trade area and is ranked by placer.ai as the #1 location in Tennessee and is in the 94^th percentile nationwide, further lending to brand and concept familiarity.
• Directly across the street from Take 5 is a rare AutoZone “HUB” location which is approximately 7.5x larger than the prototypical AutoZone location. This HUB location consists of both consumer-retail space and also serves as a distribution point for other area locations as well as to fulfill larger corporate account orders and inventory. AutoZone self-developed this location in 2022 demonstrating not only their commitment to the area, but also the area’s strategic importance for both convenience, distribution, and traffic flow.
• Firestone auto service, which is located just south of Take 5 is ranked in the 77^th percentile nationwide, highlighting consumer demand for non-dealership automotive services. A majority of the traffic to Firestone originates from the north i.e the residential areas to the north, northeast, and northwest of the Take 5, lending to Take 5’s ability to capture this market share but offering a much faster alternative to potential customers who need less time-consuming services such as an oil change, air filter or wiper blade change.

Strong Retail Corridor | Proven Trade Area | McDonald’s 90^th Percentile Nationwide | Numerous National Retailers Opening within the Preceding 12 – 24 Months

• Take 5 is situated on, and is directly accessible to, Whitten Road, a busy north-south commercial corridor which has over 34,000 vehicles per day.
• In recent years, numerous national tenants have opened in close proximity to the Property, further lending to the area demand and customer base. Some of these tenants, include: BoJangles (2022), 7-Brew (2023), Zips Car Wash (2023), Starbucks (2019), Wendy’s (2022), Dollar Tree (2019), AutoZone 40k sq ft HUB store (2022). Other national tenants in the area include Walmart Supercenter, Dollar Tree, McDonald’s, Smoothie King and others.
• Examples of national tenant success include Bojangles which ranks in the 86^th percentile of all 69 Tennessee locations and is one parcel over from the Take 5 as well as McDonald’s which is just south on Whitten Road and ranks in the 90^th percentile nationwide, with an estimated 286,000 annual visitors.

Interstate Location | Only 15 Minutes to Downtown Memphis

• Take 5 benefits from being in close proximity Interstate 40 (Exit 14) which features over 132,000 vehicles per day, making it a convenient stop for commuters who are traveling to and from work, as well as interstate travelers.
• I-40 is the main interstate which connects Memphis directly to Nashville and surrounding states. Via I-40, Take 5 is only 15 minutes away from downtown Memphis.

Brand New 2023 Construction | NNN Lease | Rental Increases Every Five Years

• The Property is subject to a brand new 10-year NNN lease which provides for rental increases every five years including the beginning of each of the four, five-year option periods.
• Under this NNN lease tenant is required to pay and administer all taxes, insurance, and common area maintenance with landlord only being responsible for repair and replacement of the roof, structure, and foundation.
• The tenant is an experienced Take 5 Oil franchisee with operating multiple units across Tennessee and Mississippi with additional locations in planning and development. The franchisee’s principals and affiliated companies have decades of experience in the automotive sector, specifically in automotive sales, service, as well as automotive auctions.