Sold Subscription Required
| Price $779,325 | Built/Renov 1994 | Tenant Jiffy Lube |
| Cap Rate 8.25% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
3,200
| Lease Start
11-01-2010
| #Units
550
|
| Price/SF $243.54 | Expiration
10-31-2030
| Tenant Type Automotive |
| NOI $64,294 | R. Term 5.11 | Ownership Fee Simple |
| Rent/SF
$20.09
| Increases 12.5%/6/yrs | Pop 5Mi 10,625 |
| Lot/AC 0.29 | Options 2/5yrs/12.5% | AHHI 5Mi $58,111 |
| | |
Jiffy Lube is strategically located on Tunica Drive W, with access to 11,478 vehicles passing by daily. The property is surrounded by well-known national tenants, including Walmart, Walgreens, Dollar General, Taco Bell, Popeye’s, Harbor Freight, Little Caeser’s, and more. Additionally, it is within proximity to the Paragon Casino and Resort. The 5-mile trade area is supported by a population...
...Build to suit
In location for years
Major thoroughfare
Dense retail corridor
Near major nationals
Strategically located
Strong tenant synergy
Long operation history
Favorable NN+ lease
Top franchise operator
Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 2,239 | 7,099 | 10,502 |
| 2024 Total Population : | 2,317 | 7,293 | 10,807 |
| 2024 Employed Civilian Pop : | 1,012 | 2,973 | 4,474 |
| 2024 Total Businesses : | 348 | 558 | 670 |
| 2024 Average Household Income : | $ 64,917 | $ 52,716 | $ 54,107 |
| 2024 Total Consumer Spending : | $ 46 M | $ 137 M | $ 212 M |
| 2024 Median Age : | 38 | 39 | 41 |
| 2024 Total Households : | 796 | 2,882 | 4,350 |
| 2024 Pop Age 25+: Bachelor's Degree : | 152 | 499 | 672 |
| 2024 Average Home Value : | $ 198,191 | $ 173,456 | $ 181,117 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Tunica Drive West | Marigold St | 2022 | 7,812 | 0.14 mi |
| Edgar Street | Philo St | 2022 | 229 | 0.19 mi |
| Tunica Drive West | Cottage St | 2022 | 10,709 | 0.27 mi |
| South Lee Street | Park St | 2022 | 100 | 0.31 mi |
| Tunica Dr W | S Main St | 2009 | 11,478 | 0.38 mi |
| South Main Street | Snoddy St | 2022 | 4,198 | 0.40 mi |
| Albert Street | Tarleton St | 2021 | 7,129 | 0.41 mi |
| Debellevue Drive | Albert St | 2022 | 272 | 0.41 mi |
| Benjamin Drive | Azalea Ln | 2022 | 36 | 0.42 mi |
| South Main Street | Acton Rd | 2022 | 4,246 | 0.43 mi |
Milwaukee, WI
Cap Rate 8.25%
Lease Abs NNN
R. Term 4.00 yrs
Size/SF 2,371
Milwaukee, WI
Cap Rate 7.50%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 2,731
Fort Wayne, IN
Cap Rate 7.50%
Lease Double NN
R. Term 3.70 yrs
Size/SF 7,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
