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20015 W 153rd St
Olathe, KS 66062
JIFFY LUBE · Retail Property For Sale
Investment Highlights
- Listed for $1,735,000 yielding a cap rate of 7.25%.
- Recent Extension – Tenant exercised their option demonstrating commitment to the location.
- Strong Guarantor – Team Car Care has ±500 locations nationally and is a national leader in the quick lube industry.
- #1 Jiffy Lube in KS – Per foot traffic data (Alpha Map), the subject property is the best in the state and in the 90th percentile nationally.
- Abs. NNN Lease – Zero landlord responsibilities.
- Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
2,118 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Zoning
CP-3
Property Taxes
| Parcel Numbers | Improvements Assessment | $94,168 | |
| Land Assessment | $132,943 | Total Assessment | $227,111 |
Property Taxes
Parcel Numbers
Land Assessment
$132,943
Improvements Assessment
$94,168
Total Assessment
$227,111
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