14956 S Tamiami Trail North Port, FL 34287

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Jacob Abusharkh · License #CA 01385529

Source Crexi

Added: Apr 11 Updated: Jul 20 at 11:51PM Checked: Jul 20 at 11:51PM

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Investment Insights

Based on property information with market context.

This is a for-sale opportunity to purchase a brand new 15-year absolute NNN leased Take 5 Oil Change property in North Port, Florida. The lease calls for zero landlord obligation and includes scheduled increases every five years during the initial term and each of the five, five-year option periods. The tenant is Gasner and Wallace (a 40-unit operator), and the tenant has a right of first refusal. The property underwent a major renovation in 2022 and includes a car wash.

The site benefits from its location in the Sarasota market on a major commercial thoroughfare. Nearby retailers include CVS Pharmacy, Walgreens, Burger King, Taco Bell, and many others.

Key Highlights

• Brand new 15‑year absolute NNN leased Take 5 Oil Change in North Port, Florida
• Lease calls for zero landlord obligation with scheduled increases every 5 years during the initial term and each option period
• Tenant is Gasner and Wallace, a 40‑unit operator, with a right of first refusal

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FAQs

What type of property is this?

NNN property - Absolute NNN leased Take 5 Oil Change with scheduled 5-year increases and car wash, renovated in 2022.

Where is this nnn property located?

The property is located at 14956 S Tamiami Trail North Port, FL.

What are key features of this property?

This property features: Brand new 15‑year absolute NNN leased Take 5 Oil Change in North Port, Florida; Lease calls for zero landlord obligation with scheduled increases every 5 years during the initial term and each option period; Tenant is Gasner and Wallace, a 40‑unit operator, with a right of first refusal