STREAM Capital Partners > Properties > All Properties > Take 5 Oil Change

Take 5 Oil Change

Sale Leaseback

4325 Macdonald Ave, Richmond, California
Ownership Type:
Fee Simple
Price:
$2,000,000
Cap Rate:
5.50%
Current Rent:
$110,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 15 years
Renewal Options:
2, 5-Year Options
Building Sq. Ft.:
1,575 SF
Rent Increases:
1.5% Annually
Site Size:
0.23 Acres

Investment Highlights

  • Absolute NNN Lease: Zero Landlord Responsibilities
  • Inflation Protection: 1.5% annual rent increases provide investors with a hedge against inflation.
  • 100% Bonus Depreciation Restored: The One Big Beautiful Bill Act of 2025 (OBBBA) has reinstated 100% bonus depreciation for qualified property federally. Prospective investors should consult their own tax advisors regarding eligibility and applicability.
  • Strong brand / reliable tenant: Take 5 Oil Change is a well-recognized national quick-service oil change brand with over 1,500 locations, bringing operational stability and a large potential customer base.
    High-Visibility, Target-Shadowed Location: The property is Target-shadowed on MacDonald Ave, a primary Richmond thoroughfare with excellent accessibility and strong traffic counts, providing high visibility and capturing both local consumer and nearby workforce demand.
  • Recession-resilient use: Automotive maintenance is a recurring, non-discretionary service. Even during economic downturns, consumers prioritize essential upkeep like oil changes—supporting stable demand and durable tenancy.
  • Strong Demographics: Richmond, CA is supported by a dense population of 281,431+ (5-mile radius) residents within the high-income Bay Area, with strong household incomes and a stable, working-age demographic. Its diverse consumer base and strategic proximity to major employment hubs drive consistent, needs-based demand and long-term market stability.
  • New OpenAI Robotics Site: The Subject Property benefits from close proximity (±10 minutes) to OpenAI’s newly leased ~202,000 SF robotics and advanced manufacturing facility in Richmond—marking the company’s first major East Bay expansion. This high-profile development is expected to bring significant investment, high-skilled employment, and long-term economic growth to the immediate area.
Ownership Type:
Fee Simple
Price:
$2,000,000
Cap Rate:
5.50%
Current Rent:
$110,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 15 years
Renewal Options:
2, 5-Year Options
Building Sq. Ft.:
1,575 SF
Rent Increases:
1.5% Annually
Site Size:
0.23 Acres

Listing Agents

Dorothy Lee

Vice President
626.236.3823[email protected]

Patrick Tupa

Associate
847.345.6681[email protected]

Broker of Record: Connor Shell, Lic # CA – #01993313

You May Also Be Interested In

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to .

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here