2500 SE 165th Ave | Vancouver, WA 98683
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2500 SE 165th Ave
Vancouver, WA 98683
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- List price of $1,911,000 yielding a 5.63% cap rate
- Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities
- Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and a subsidiary of Shell Oil Company
- 20-year primary term with over 10 years remaining
- Lube Management – Full-term guaranty from K Lube with over 70 locations with strong growth
- Rent Increases – 10% increases every 5 years provide effective hedge against inflation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,499 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.47 AC
Zoning
CG, Vancouver - Commercial General
Parking
8 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 092002-529 | Improvements Assessment | $187,300 |
| Land Assessment | $470,900 | Total Assessment | $658,200 |
PROPERTY TAXES
Parcel Number
092002-529
Land Assessment
$470,900
Improvements Assessment
$187,300
Total Assessment
$658,200
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