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.