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524 Pan American Dr 2,100 SF Retail Building Harker Heights, TX 76548 $1,383,000 ($658.57/SF) 5.35% Cap Rate
Investment Highlights
- Listed for $1,383,000 yielding a cap rate of 5.35%.
- Team Car Care is the #1 Jiffy Lube Operator in the country with 400+ locations providing security of income.
- Long Term Lease of 12+ years provides strong security of income.
- Abs. NNN Lease offers a passive ownership structure for any investor.
- Rent Increases – 10% increases every 5 years provide an effective hedge against inflation, preserving and growing income over the lease term.
- Recent Lease Extension & Long-Term Operating History demonstrate tenant’s commitment to the location.
Executive Summary
Matthews Real Estate Investment Services, Inc
License # 9005919, 528005 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Services
- -
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$9.99
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Lorem Ipsum
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Jan 0000
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 Type | Lease End | |
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Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 232444 | Improvements Assessment | $74,272 |
| Land Assessment | $175,239 | Total Assessment | $249,511 |
Property Taxes
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524 Pan American Dr
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