5920 NW Expressway
Oklahoma City, OK 73132
Local commercial Bien À vendre

5920 NW Expressway presents the opportunity to acquire a newly constructed Take 5 Oil Change property leased on a long-term absolute net ground lease structure. The asset was built in 2023 and is occupied by Take 5 Oil Change, a nationally recognized automotive service brand operating under Driven Brands. The lease structure minimizes landlord obligations, providing passive ownership characteristics through an absolute net arrangement.
The lease commenced on October 23, 2023 and extends through October 22, 2038, providing a 15-year initial term with scheduled 10% rent increases every five years. The lease also includes three five-year renewal options, each featuring additional 10% rental increases. The corporate tenancy is supported by Driven Systems, LLC, with Driven Brands Holdings, Inc. identified as the parent company. Driven Brands operates a portfolio of automotive service brands and reports more than 5,000 locations serving over 70 million vehicles annually.
The property is positioned along NW Expressway, one of Oklahoma City's primary commercial corridors. The surrounding trade area includes national retailers, automotive dealerships, healthcare facilities, and established commercial development. Integris Baptist Medical Center, a major regional healthcare provider with more than 500 beds, is located nearby. The area benefits from a reported daytime employee population of 42,897 within a three-mile radius, supporting consistent consumer activity and service demand.
Oklahoma City continues to attract investment through major public and private development projects, infrastructure improvements, and employment growth. The property's location along a heavily traveled corridor with reported traffic counts exceeding 41,000 vehicles per day enhances visibility and accessibility for automotive service operations while positioning the asset within one of the city's established commercial districts.