3140 Maple Valley Dr - Service Station FOR SALE


Madison, WI 53719- West Madison
$1,793,000 USD
612-396-7723
3140 Maple Valley Dr, Madison, WI for Sale
$1,793,000 USD
Service Station - FOR SALE
1/5
null | 6.5% Cap Rate

3140 Maple Valley Dr
Madison, WI 53719
West Madison


HIGHLIGHTS

  • Over 8 years of remaining term on a NNN lease, with 10% rent bumps every five years, increases which continue through the four option periods
  • Backed by Team Car Care, their largest and most established franchisee operator with 520+ locations nationwide
  • Investors can fully depreciate property improvements in year one, creating a significant upfront tax shield and boosting after-tax cash flow
  • Situated in Madison's primary commercial corridor in close proximity to national retailers and to the University of Wisconsin-Madison
  • Property benefits from direct frontage on McKee Road, which sees 18,800 VPD, offering excellent sightlines to passing traffic
  • Property is located in Wisconsin's fastest-growing metro area, situated within a flourishing MSA that boasts more than 700,000 residents

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in Jiffy Lube located at 3140 Maple Valley Drive, Madison, Wisconsin. The single tenant net lease asset is 100% occupied by Jiffy Lube, who maintains over 8 years of remaining lease term plus four renewal options, each with a 10% rent increase. The 2,541 SF building was constructed in 2003 and sits on 0.49 acres of land. The property is strategically positioned within a thriving retail corridor alongside nationally recognized anchors including Target, Hy-Vee, Aldi, and Buffalo Wild Wings, and is just 20 minutes from the University of Wisconsin-Madison. This site capitalizes on exceptional visibility with direct frontage along McKee Road, generating daily traffic volumes of 18,800 vehicles, while benefiting from strong demographics within a five-mile radius where average household incomes exceed $148,000, which is 27% higher than the national average. Located in Wisconsin's fastest-growing metropolitan area serving over 700,000 residents, this combination of high-traffic visibility, affluent demographics, and sustained population growth creates a compelling opportunity in one of the region's most desirable retail markets. With the return of 100% bonus depreciation, this asset offers an even more compelling investment opportunity. Investors can fully depreciate the building improvements in year one, creating a substantial upfront tax shield. This accelerates cost recovery, boosts after-tax cash flow, and enhances overall returns, adding meaningful value beyond the property's strong real estate fundamentals. Please refer to the OM for more information on this investment opportunity.

FOR SALE DETAILS

PRICE

$1,793,000 USD

PRICE/SF

$706 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

CC-T

APN/PARCEL ID

0608-013-1021-4

ASK ABOUT THIS PROPERTY

612-396-7723

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612-396-7723

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