Broker of Record Donnie Jarreau License No. 995685215 (LA) NAI Latter & Blum 1700 City Farm Drive Baton Rouge, Louisiana 70806 +1 225 753 3573
Additional rent received on top of the base rent brings the effective cap rate to +13%
Diversification of investment between two separate locations, which hedges against location-specific risks of either individual location
Attractive double-digit day 1 return on investment
Leased to Team Car Care, LLC – the largest franchisee in the Jiffy Lube system with +530 units nationally
Preventative Auto Service properties present a rare e-commerce resistant class of asset.
Attractive Potential Tax Benefits – Auto service based assets may be eligible for an accelerated depreciation schedule *Consult your tax or accounting professional to see how this will apply to you.
916 N. Trenton St., Ruston, LA 71270
Located immediately off of the I-20 between N Vienna St & N Trenton St which is the primary route between downtown Ruston and the retail district see a combined 41,000 VPD
Positioned less than 1-mile from the primary retail area which has major tenants such as Walmart, Lowe’s, Chick-fil-A, Logan’s Roadhouse and Raising Caine’s
This property is less than 1-mile from Louisiana Tech University’s main campus, which has an annual enrollment of over 12,000 students – providing for a continually steady consumer base executive summary
2602 Ferrand St., Monroe, LA 34518
Located just off of HWY 165, which sees 38,000 VPD passing by this location
This location is in the immediate vicinity of other tenants such as Circle K and Oasis Super Wash that have great synergy with the subject property
This property is less than 1-mile from the University of Louisiana at Monroe’s main campus, which has an annual enrollment of over 8,500 students – providing for a continually steady consumer base