Secure Properties has acquired a 15-property Take 5 Oil Change portfolio through a long-term sale-leaseback agreement with Driven Brands (NASDAQ: DRVN). The transaction marks a continued expansion of the firm’s net lease portfolio within the automotive services segment.
The acquired properties are located across high-growth markets in the southern and midwestern United States. Each site operates under the Take 5 Oil Change brand and serves as an essential operating location for the business.
Moreover, all 15 assets are backed by new long-term triple-net (NNN) leases. This structure aligns with Secure Properties’ focus on owning real estate tied to stable, operationally critical businesses.
Take 5 Oil Change is among the fastest-growing quick-lube service providers in the U.S. Its “stay-in-your-car” service model supports high customer throughput and consistent site-level performance.
Because of this, the portfolio fits Secure’s strategy of investing in properties that support category-leading operators with predictable cash flows.
“This acquisition reflects the continued growth of our platform and our focus on building long-term partnerships with leading operators,” said Brian Mansouri, Managing Principal & Chief Investment Officer of Secure Properties. “We’ve built Secure to be a reliable, efficient capital partner for multi-site operators like Driven Brands, and this portfolio is another step forward as we continue to scale.”
The transaction further strengthens Secure Properties’ exposure to mission-critical and service-based real estate. The firm continues to prioritize assets leased to businesses with strong brand positioning and resilient operating models.
In addition, Secure remains focused on scaling its platform through transactions that support both tenant growth and long-term portfolio stability.
The sale-leaseback transaction was brokered by Eddie Otocka of Surmount, who represented the seller and coordinated execution across multiple markets.
Take 5 Oil Change operates a rapidly expanding national network of quick-lube service centers in the United States. The brand is known for its “stay-in-your-car” service model.
Driven Brands is a leading automotive services company with more than 5,000 locations across North America.
Secure Properties is a real estate investment firm focused on acquiring and managing high-quality assets through institutional, joint venture, and private capital structures. The firm operates nationally and emphasizes disciplined underwriting, market expertise, and flexible capital solutions.
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