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- LoopNet Team
1221 S 120th St
Omaha, NE 68144
Jiffy Lube · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
ABOUT 1221 S 120TH ST , OMAHA, NE 68144
INVESTMENT HIGHLIGHTS: PROPERTY DETAILS - Large Lot – This Jiffy Lube property sits on 0.84 AC of land - Lease Extension – Brand new 10-year lease with 10% increases every 5 years and (3) five-year options showing tenants commitment to location - 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. LOCATION - Dense population in the surrounding area with roughly 80,000 people in the 3-mile radius and 260,000 people in the 5-mile radius - Strong Demographics – Average household income in the 1, 3, & 5 Mile radius exceeds $90,000 TENANT - Jiffy Lube is the largest and most well known fast-lube company in North America with over 2,200 locations. - E-commerce and recession proof investment - Operated by Team Car Care – the largest Jiffy Lube franchisee with +550 locations
PROPERTY TAXES
| Parcel Number | 3435-0007-19 | Improvements Assessment | $195,200 |
| Land Assessment | $352,200 | Total Assessment | $547,400 |
PROPERTY TAXES
