Attractive Price & Cap Rate: Listed for $1,332,000 yielding a cap rate of 6.00%.
Absolute NNN Lease: Abs. NNN Lease offers a passive investment for any investor.
Corporate Guarantee: Corporate Tenant – backed by Jiffy Lube International (a wholly-owned subsidiary of Monomoy Capital Partners) offers security of income.
Annual Rent Increases: Rent Increases – 2% annual rent increases provide an effective hedge against inflation, preserving and growing income.
Long-Term Lease: Long-Term Lease of 13+ Years provides significant guaranteed income.
Recession-Proof Investment: Ecommerce & Recession-Proof Investment – Quick lube is an essential, in-person automotive service not replicable online and historically resilient across economic cycles. Consumer vehicles require oil changes regardless of market conditions.
Tax Benefits: Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. *Consult your tax or accounting professional for more information.
Retail Synergy: Strong Retail Synergy – Neighboring tenants include, Raising Cane’s (new construction), 7 Brew (new construction), Chase Bank, Menard’s, Napa Auto Parts, Taco Bell, Culver’s, Olive Garden & more.
Population Growth: Positive Population Growth of ±1.4% annually in a 1-mi radius.