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68815 Ramon Rd
Cathedral City, CA 92234
Jiffy Lube - 520+ Unit Operator NNN · Retail Property For Sale
Investment Highlights
- Over 6 years Remaining on Modified NNN – Fee Simple Lease with minimal Landlord Responsibilities
- Attractive 2% Annual Increases – Healthy Hedge Against Inflation Strong 520+ Unit National Operator with TEAM CAR CARE, LLC
- Prominent Retail Corridor – Large National Credit/Tenant Presence
- Essential Use – Pandemic & Recession Resistant - Excellent 1031 Exchange Property – Low Price Point
- Hard Corner Location with over 36,000 Cars Per Day with Excellent Visibility
- Strong Affluent Population of 114,180 People in 5-Mile Trade Area with an Average Household Income of $91,000
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,800 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.33 AC
Zoning
PCC, Cathedral City
Parking
8 Spaces (3.02 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 680-282-040 | Improvements Assessment | $1,623,648 |
| Land Assessment | $432,972 | Total Assessment | $2,056,620 |
Property Taxes
Parcel Number
680-282-040
Land Assessment
$432,972
Improvements Assessment
$1,623,648
Total Assessment
$2,056,620
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