Stabilized Investment Opportunity
Leased to Jiffy Lube on an absolute net-lease with a franchisee guarantee (400+ units) featuring zero landlord responsibility with 3.5 years remaining on the lease and (2) 5-year options with 7.5% increases. Current rent is below market, providing downside protection and strong re-leasing potential
Irreplaceable Location
Ideal high traffic location situated at the hard corner of Southwest Highway and Harlem Avenue which has a combined traffic count of 66,031 VPD
Easily Accessible Site
The site provides points of ingress/egress from both major thoroughfares on Southwest Highway and Harlem Avenue providing excellent visibility in addition to pylon signage
E-commerce Resistant
Automotive maintenance services remain unaffected by e-commerce disruption and represent an essential need. Jiffy Lube is a leading provider of oil changes and boasts more than 2,000 locations throughout North America
Ideal Demographics
Asset is located within a dense and affluent area with over 271,922 residents and an average household income of $104,200 within a 5-mile radius of the site
Neighboring National Retail Tenants
Surrounded by national tenants such as; Walmart, Pete’s Fresh Market, Jewel-Osco, Starbucks, White Castle, McDonald’s, Planet Fitness, Dollar Tree, and more