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    Take 5 Oil Change Investment Title is generated by Realmo AI

    2814 Joseph Cannon Wy, Marion, IL

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    NNN leased investment property with over 14 years remaining.

    Type:RETAIL
    Property size:
    1,760 SF
    Lot size:
    4.74 Acres
    Price / SF:
    $1,132/SF
    Added:
    Mar 17, 2025
    Days on Market:
    455
    Last Refresh:
    May 20 at 10:04 pm

    Property Features for 2814 Joseph Cannon Wy

    General Information

    Standard status
    Active
    Size
    1,760 SF
    Lot size
    4.74 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Matthew Mousavi
    Matthew Mousavi

    Listing agent Matthew Mousavi License #CA 01732226

    Listing office SRS Industrial - Newport Beach

    Listing date Mar 17, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach

    HighLights

    • Absolute NNN lease offers a management‑free investment
    • Over 14 years remaining on the initial lease term, providing long‑term stability
    • Lease includes 7.5% rental increases every 5 years, hedging against inflation
    • Tenant has 8 (5‑year) options to extend
    • Nationally recognized brand, Take 5 Oil Change, with over 800 locations
    • Opportunity to acquire the leased fee interest (land ownership)

    Overview

    This investment property in Marion, Illinois, is leased to Tvoc Marion, LLC, operating as Take 5 Oil Change. The tenant has over 14 years remaining on the lease, with 8 options to extend for 5 years each, demonstrating commitment to the location. The lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period. The property is subject to an absolute NNN lease with zero landlord responsibilities. Take 5 Oil Change, founded in 1984, is a nationally recognized brand with over 800 locations throughout the United States and Canada. The property contains 1,760 square feet.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    • Jonez Boyz — 1006 s madison st, marion, il 62959
    • Mr Front End — 1314 W Cherry St, Marion, IL 62959
    • Aaron's Auto Center & Quick Lube — 1407 W Main St, Marion, IL 62959
    • Si Towing & Recovery — 1007 S Court St, Marion, IL 62959
    • A-1, The Mobile Auto-Body & Mechanic Specialist — 1304 W Prairie St, Marion, IL 62959

    Map

    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.9331
    Latitude
    37.7306

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    FAQs

    What type of property is this?
    Auto shop - NNN leased investment property with over 14 years remaining.
    Where is this auto shop located?
    The property is located at 2814 Joseph Cannon Wy Marion, IL.
    What is the asking price?
    The asking price for this property is $1,993,000.
    What are key features of this property?
    This property features: Absolute NNN lease offers a management‑free investment; Over 14 years remaining on the initial lease term, providing long‑term stability; Lease includes 7.5% rental increases every 5 years, hedging against inflation
    (949) 698-1116 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew Mousavi
    Matthew Mousavi
    Real Estate License ID: CA 01732226
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