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1333 E. Main St., Ville Platte, LA, 70586

Jiffy Lube
$786,000

Key Information

Cap Rate
7%
$ per SF
$255
Tot. SF
3,077
Lot Size
0.47 Acres
Year Built
2005 / 2025 (R)
Type
Retail
NOI
$55,000

Highlights

  • Recent Capital Improvements & Lease Extension – Recent capital improvements and a lease extension by the tenant demonstrate a strong commitment to the property.
  • Strong Operator – Team Car Care – Team Car Care is the largest Jiffy Lube franchise operator in the United States, with 400+ locations, providing stability and reliability of income.
  • Attractive Rent Growth – Rare 12.5% scheduled rent increases provide an effective hedge against inflation and long-term income growth.
  • Industry-Leading Brand – Jiffy Lube is the national leader in the quick-lube industry and a subsidiary of Shell Oil Company. The brand operates 2,100+ locations across North America, all independently owned and operated.
  • Potential Tax Advantages – Auto service properties may qualify for accelerated depreciation benefits. Investors should consult their tax or accounting professional for details.
  • E-Commerce & Recession-Resistant Sector – Quick-lube services are largely insulated from e-commerce disruption and tend to remain stable through economic cycles.
  • Strong Population Growth – The surrounding area has experienced ±1.5% annual population growth within a 3-mile radius over the past five years, supporting long-term demand.

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP, BROK.32688-ACT (LA)
Jarreau Real Estate
16161 Perkins Road, Baton Rouge, LA 70810