1950 S Main St - Auto Repair FOR SALE
Bellefontaine, OH 43311 |
$852,000 USD
760-642-9942
1950 S Main St
Bellefontaine, OH 43311
HIGHLIGHTS
- Listed for $852,000 yielding a cap rate of 7.50%.
- Bite-Size Deal – well-below Jiffy Lube national average rent increases the store’s profitability and probability of renewal.
- Retail Synergy – Kroger, McDonald’s, Bob Evans, Napa Auto Parts, Burger King, Lowe’s, Arby’s, and More.
- Recent Extension demonstrates the tenant’s commitment to the location.
- Abs. NNN lease with zero landlord responsibilities.
- Team Car Care is the #1 Jiffy Lube operator in the country with ±400 units, which provides security of income.
FOR SALE DETAILS
PRICE
$852,000 USD
PRICE/SF
$338 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jiffy Lube
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
B-3
APN/PARCEL ID
17-106-12-02-013-000
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760-642-9942
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760-642-9942
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