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Tenant Profiles

Take 5 Car Wash

B+E > B+E INSIGHTS > Tenant Profiles > Take 5 Car Wash
05/08/2026 By B+E

Take 5 Car Wash

https://www.take5.com/car-wash/ | Driven Brands, Inc.

take 5 car wash

Take 5 Car Wash Tenant Overview

Founded in 1984 as Rapid Oil Change in Louisiana, Take 5 Car Wash is now a leading chain headquartered in Charlotte, North Carolina, with over 400 locations nationwide. Owned by Driven Brands, the company has expanded rapidly since 2020, including renovations and rebranding across Texas, Oklahoma, Indiana, and Michigan. Take 5 has shown strong revenue and net income growth, with Driven Brands generating $2.12 billion in 2023. While it initially focused on the southeastern U.S., Take 5 has expanded into new regions like Florida. The company has limited franchising but is exploring future options. Tim Austin, with global retail experience, recently joined as President.

take 5 car wash

Tenant Data:

COMPANY Take 5 Car Wash
GuarantorDriven Brands Holdings, Inc.
OwnershipPublic
HeadquartersCharlotte, NC
TickerNASDAQ: DRVN
Credit RatingB+ (S&P)
Annual Revenue$2.3 Billion (DRVN)
Locations (North America)± 400
RegionsNationwide
Website www.take5.com/car-wash/our-washes
Average Take 5 Oil Change Info
Number on Market100
Average Price$1,912,670
Average Remaining Term14.9 Years
Average Cap Rate6.03%
Average NOI$116,163
Average PPSF$1,208
Average Building SF1,732 SF
Average Lot Size0.6 AC
AS OF 05/05/26

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