9435 Fields Ertel Rd
Cincinnati, OH 45249
Jiffy Lube #1263 · Retail Property For Sale

Jiffy Lube #1263 features an absolute net lease with ten years remaining and guaranteed by top operator, Lucor, Inc, the second largest franchisee of Jiffy Lube’s in the United States. Jiffy Lube, one of the nation’s leading automobile maintenance and repair specialists, serves approximately 20 million customers each year. Jiffy Lube #1263 is part of a major commercial corridor surrounding Interstate 71, a major north-south arterial road for Cincinnati residents also leading directly into the downtown. North of the property is Kings Auto Mall, featuring 14 dealerships and 18 car brands, and the Proctor & Gamble Mason Business Center, a major campus currently undergoing a $300 million expansion. Big box retailers such as Whole Foods Market, Costco Wholesale, Target, and much more can be found here. Also supported by excellent demographics, the subject property is located in a densely populated area of neighborhoods and apartments with an estimated average household income of $116,670 within a three mile radius and projected to grow by $15,000 more in the next five years. In 2017, Cincinnati was recognized as one of the best cities in the country to live and is home to nine Fortune 500 company headquarters including Kroger, Proctor & Gamble, and Fifth Third Bank. The Cincinnati metro area is the largest in the state with an estimated MSA population of over 2,100,000. Jiffy Lube #1263 presents an investor with the opportunity to acquire an absolute net leased property with over ten years remaining on the lease and guaranteed by a top operator of Jiffy Lube’s in the nation, Lucor, Inc. We are pleased to offer this investment opportunity for $768,000 at a 6.25% cap rate.