Subject offering is a single tenant Jiffy Lube Auto Center located in Forest Lake, Minnesota. The tenant is Heartland Automotive - the largest Jiffy Lube operator in the country with 540 locations. The Property consists of a freestanding 2,622 sf retail building on 0.49 acres of land at the corner of West Broadway (Hwy. 2) and 19th Street SW in this northern Minneapolis suburb. The building was constructed 2004 as a build to suit development. The building has 3 drive through service bays with roll-up doors and one head in service bay. This is one of the nicer Jiffy Lube building designs with split face block and stucco facade. Excellent location one intersection west of Interstate 35 and across the street from Home Depot. Nearby traffic generators include Cub Foods, Menard's Home Improvement, Famous Dave's Restaurant and several new and used car dealerships.
Parcel Number | 07-032-21-13-0028 | Improvements Assessment | $481,700 |
Land Assessment | $322,700 | Total Assessment | $804,400 |
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