15-Year Absolute NNN Ground Lease
Blue West Capital and SRS Real Estate Partners are pleased to present the opportunity to acquire the ground lease with Take 5 Oil Change located along E Eisenhower Blvd (US-34) in Loveland, Colorado.
The tenant, ClayCon Oil, will sign a brand new 15-year Absolute NNN lease at closing. ClayCon Oil is a 25+ unit franchisee and was named Take 5’s 2023 Franchisee of the Year, underscoring their strong operational performance and commitment to expansion. The lease features 10% rental increases every five years and zero landlord responsibilities, offering passive income.
Strategically positioned at a signalized hard corner with visibility to 35,000+ vehicles per day, the property is located directly across from Sam’s Club and The Home Depot. The surrounding 5-mile trade area includes over 97,000 residents with an average household income exceeding $111,000.