Hey, it’s Jordan the 1031 Doctor™ analyzing a take 5 oil change deal in Shawnee Mission Kansas. A great area to live and work and this deal makes sense on many levels. I would offer a 7.5% cap and you’ll cash flow pretty good with this deal. The area is amazing and close to the high-end “PLAZA” shopping district in KC. this area is very cool with all the high-end retailers you’ll ever want. Home prices are skyrocketing in the area and KU is close by. This would make a great 1031 exchange, and you don’t have to worry about the underlying real estate down the line. This is a sale-lease back which means the franchisee is going to use the funds to build out more stores in his territory. The oil change business is a very profitable one and these deals are cash cows! The used oil they get from you is a very valuable commodity and is used for bunker fuel for trains and ocean liners and also recycled and sold! If you’re in a 1031 exchange and you need help with due diligence or locating a good exchange, please reach out to jordan@1031doctor.com or www.1031doctor.com and submit your request for services. We do nationwide inspections and due diligence on any size deal but only NNN single tenant. I employ the latest AI techniques to evaluate these deals but also incorporate my 40 years in the trenches to figure out what the deal is truly worth. Let a seasoned professional examine your next 1031 exchange! Since 1986!