Sell Your Take 5 Oil Change Property
Considering selling your Take 5 Oil Change property? NNN Realty specializes in selling net lease properties nationwide, including auto service sites. Learn how buyers evaluate Take 5 leases, why corporate and franchisee leases price differently, and what to expect throughout the selling process.
The Take 5 Oil Change Market at a Glance
Short Answer
The value of a Take 5 Oil Change property depends first on who backs the lease: a corporate Take 5 or Driven Brands entity, or a franchisee whose finances buyers will want to review. Most Take 5 leases are absolute NNN with long terms and scheduled increases, so the remaining term and the timing of the next increase matter next. Because the sites store new and used oil, a clean environmental record also protects your price.
- Typical cap rate
- 5.25% to 6.5%
- Typical sale price
- $1.25M to $1.75M
- Typical term left at sale
- 10 to 15 years
- Typical lease type
- Absolute NNN
Approximate ranges from NNN Realty’s tracking of Take 5 Oil Change listings and reported sales, with data as of October 1, 2026. They are a starting point, not an appraisal or a quote of current pricing: your property’s value depends on its lease, location and condition.
How to Sell Your Take 5 Oil Change Property
Selling a Take 5 Oil Change property requires clarity on the lease signer, the remaining term, and the site’s environmental history, which are the first things buyers ask about. Our process helps owners price realistically, reach the right buyers for corporate or franchisee leases, and manage the sale through closing.
Property Review & Valuation
We start by confirming who signed and guarantees the lease, then review the remaining term, renewal options, rent increase schedule, and absolute NNN obligations. For franchisee leases, we gather what operator information is available, such as how many units the franchisee runs and its operating history. We also review environmental records for oil storage, the site’s traffic and access, and comparable Take 5 sales to recommend a realistic asking price.
Market Positioning & Buyer Targeting
Our marketing includes professional photography, drone imagery where appropriate, and an offering memorandum that clearly identifies the guarantor and highlights the lease’s increases. Corporate-guaranteed leases suit 1031 exchange buyers and passive investors looking for low-management income, while franchisee leases often appeal to experienced net lease investors who underwrite operators, so we target each group accordingly with nationwide exposure.
Offers, Buyer Qualification & Negotiations
When offers arrive, we review each buyer’s net lease experience, financing or proof of funds, proposed terms, and ability to close, along with how they plan to underwrite the guarantor. We help negotiate a non-binding Letter of Intent (LOI) covering price, deposits and timing, and then move to a formal Purchase and Sale Agreement (PSA).
Due Diligence & Closing
After the Purchase and Sale Agreement is signed, the buyer typically has a negotiated due diligence period, often about 30–45 days. Buyers usually order a Phase I environmental site assessment because of on-site oil storage, and they review the lease, title, survey and, for franchised sites, any franchisee financial information the lease provides. The purchase agreement may let the buyer terminate during this period and recover the earnest money deposit.
We coordinate document delivery, site visits, the tenant estoppel, and communication with the buyer, attorneys, title company and lender. Depending on the purchase agreement, the deposit may become nonrefundable at the end of due diligence, subject to contractual exceptions. Closing then commonly follows in about 15–30 days, although timelines vary by transaction.
What Is My Take 5 Oil Change Property Worth?
The value of a Take 5 Oil Change property is primarily determined by its net operating income (NOI) and the capitalization rate (cap rate) investors are willing to accept. Not every Take 5 property trades at the same cap rate. Whether the lease is backed by the company or a franchisee, the remaining term, and the site’s environmental record are the biggest reasons pricing differs.
How Cap Rates Affect Your Property’s Value
A cap rate represents the relationship between a property’s annual net operating income and its purchase price. Generally, a lower cap rate results in a higher property value, while a higher cap rate results in a lower value.
Example: $94,000 annual NOI at 6% cap rate = approximately $1,566,667 estimated property value.
Property Value = Annual NOI ÷ Cap Rate
Cap rate calculator
Estimated property value
Illustrative calculation only. Actual sale prices depend on property characteristics and market conditions.
Factors That Influence Take 5 Oil Change Property Values
Corporate or Franchisee Guarantee
A lease backed by Take 5 or Driven Brands typically sells at a lower cap rate than one backed by a franchisee. For franchisee leases, the operator’s size, track record and financial reporting carry real weight with buyers.
Remaining Lease Term
New Take 5 leases often start with long initial terms, so buyers expect plenty of term remaining. A lease with less term left usually needs sharper pricing to compete.
Rent Increases & Timing
Many Take 5 leases include increases every five years, and an increase coming soon adds near-term income. Buyers also compare the rent to what similar small-format service sites lease for nearby.
Environmental Records
Because the sites store new and used motor oil, buyers commonly require a Phase I environmental report. Having recent reports and records of used oil handling ready can prevent delays and price reductions.
Site Access & Traffic
Take 5’s stay-in-your-car format depends on easy access, room for cars to queue, and strong traffic counts. A well-located pad site also holds value if the lease ever ends.
Take 5 Oil Change as a Tenant
Take 5 Oil Change is a stay-in-your-car oil change brand owned by Driven Brands Holdings Inc., and its network includes both company-operated and franchised stores. Corporate sites are usually leased by a Take 5 or Driven Brands entity, while franchised sites are typically leased and guaranteed by the franchisee. Because this varies by site, confirm the tenant entity and any guarantee from your lease documents.
As of June 27, 2026, Take 5 had 1,421 stores, 852 company-operated and 569 franchised, and it reported its 24th consecutive quarter of same-store sales growth. In January 2026 Driven Brands completed the sale of its international car wash business to sharpen its focus on Take 5, and in 2026 it restated certain previously issued financial statements for 2024 and 2025. Buyers of corporate leases tend to review Driven Brands’ recent filings, while buyers of franchisee leases focus on the operator.
- Parent company
- Driven Brands Holdings Inc. (Nasdaq: DRVN)
- Stores
- 1,421 as of June 27, 2026 (852 company-operated, 569 franchised)
- Credit rating
- No public corporate credit rating found; franchisee leases depend on the operator’s finances
- Common lease terms
- Often a 15-year absolute NNN lease with three 5-year options and 10% increases every five years. Confirm the guarantor and landlord duties in your lease.
- Typical building
- About 1,500 to 1,900 square feet with 2 to 3 bays on 0.3 to 0.6 acres
Company facts checked October 20, 2026. Sources:
What Is Your Take 5 Oil Change Property Worth?
Considering selling your Take 5 Oil Change property? NNN Realty can help you understand its current market value through a review of the guarantor, remaining term and rent increases, your environmental records, and recent comparable Take 5 sales.
Whether you’re ready to sell or simply weighing your options, we’re here to provide an informed assessment of your investment.
NNN Realty is not affiliated with Driven Brands Holdings Inc.. Market ranges are approximate, based on listings and sales tracked through October 1, 2026, and the calculator is illustrative. Nothing here is tax, legal or investment advice.