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Jiffy Lube 1950 S Main St 1,260 SF Retail Building Bellefontaine, OH 43311 $852,000 ($676.19/SF) 7.50% Cap Rate
Investment Highlights
- Listed for $852,000 yielding a cap rate of 7.50%.
- Retail Synergy – Kroger, McDonald’s, Bob Evans, Napa Auto Parts, Burger King, Lowe’s, Arby’s, and More.
- Abs. NNN lease with zero landlord responsibilities.
- Bite-Size Deal – well-below Jiffy Lube national average rent increases the store’s profitability and probability of renewal.
- Recent Extension demonstrates the tenant’s commitment to the location.
- Team Car Care is the #1 Jiffy Lube operator in the country with ±400 units, which provides security of income.
Executive Summary
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Services
- -
- -
- -
Jiffy Lube® is a leading provider of automotive preventive maintenance. With a national footprint of franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Jiffy Lube technicians are not just highly trained in preventive maintenance, they are also highly trained in customer service. So if clients have any questions about vehicle maintenance or the services performed at any Jiffy Lube service center, a technician will help them find the resources and information they need, whether it’s in-store, online or by accessing the client's vehicle manufacturer’s recommendations. It’s just another way Jiffy Lube strives each and every day to help customers Leave Worry Behind® .
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-106-12-02-013-000 | Improvements Assessment | $52,680 |
| Land Assessment | $35,840 | Total Assessment | $88,520 |
Property Taxes
Presented by
Jiffy Lube | 1950 S Main St
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