JIFFY LUBE

North Carolina 150, Mooresville, NC, USA
$1,260,000

Cap Rate
5.8%
GRM
1,980
Term Remaining
3.9 YRS
NOI
63000

INVESTMENT HIGHLIGHTS

  • There are more than 210,000 people in a 5-mile radius of the property, with an average household income of ±$98,453.
  • Jiffy Lube is situated in the main retail corridor next to national tenants such as Lowe’s, ALDI, GIANT Food Stores, Chick-fil-A, and Wawa to name a few.
  • Edgemont Ave is a busy road as it sees north of 22,000 cars per day.
  • Jiffy Lube is the national leader in quick-lube – A leading provider of oil changes and a subsidiary of Shell Oil Company, Jiffy Lube boasts more than 2,100 outlets throughout North America
  • The lease is Absolute NNN, providing for 100% passive income and zero landlord responsibilities.
  • The Tenant does not have any more renewal options remaining, giving the Landlord flexibility with the future of the property.

North Carolina 150, Mooresville, NC, USA

Broker of Record

  • Kyle Matthews
  • License No. RB068831 (PA)
  • (310) 919-5757
  • Matthews Retail Group, Inc.
  • 841 Apollo Street. Suite 150,
    El Segundo, CA 90245
LEAD LISTING AGENT

Sajib Hossain

Associate


License No. 02120158
ADDITIONAL LISTING AGENT

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