Price $1,812,500 $3,055,000 | Built/Renov 2023 | Tenant Jiffy Lube |
Cap Rate 9.27% 5.50% | Lease Type
Abs NNN | Guarantor Franchisee |
Size/SF
3,296
| Lease Start
08-01-2023
| #Units
29
|
Price/SF $549.91 $926.88 | Expiration
07-31-2043
| Tenant Type Automotive |
NOI $168,000 | R. Term 19.7 | Ownership Fee Simple |
Rent/SF
$50.97
| Increases 10.0%/5/yrs | Pop 5Mi 186,579 |
Lot/AC 0.73 | Options 4/5yrs/10% | AHHI 5Mi $94,004 |
| |
This newly constructed Jiffy Lube is ideally located on N. Geneva Road with clear visibility and access to 19,996 vehicles passing by daily. It is positioned in the fastest growing community in Utah which has seen a 400% population growth since 2010. The subject property is the first Jiffy Lube in Vineyard and benefits from no competition with other Jiffy Lube or national brands nearby....
...New construction
Build to suit
Near major nationals
Top 100 MSA
Strong demographics
New development zone
Population increase trend
Absolute NNN
Limited competition
Traded and rated company
Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 16,758 | 92,464 | 188,192 |
2023 Total Population : | 16,240 | 91,766 | 187,077 |
2023 Employed Civilian Pop : | 8,915 | 46,820 | 93,589 |
2023 Total Businesses : | 395 | 2,918 | 6,232 |
2023 Average Household Income : | $ 110,599 | $ 106,435 | $ 110,553 |
2023 Total Consumer Spending : | $ 485 M | $ 2621 M | $ 5453 M |
2023 Median Age : | 29 | 28 | 28 |
2023 Total Households : | 5,065 | 28,390 | 57,128 |
2023 Pop Age 25+: Bachelor's Degree : | 2,521 | 14,961 | 31,566 |
2023 Average Home Value : | $ 479,037 | $ 472,323 | $ 529,549 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
W Center St | S 1500 W | 2018 | 10,734 | 0.30 mi |
2018 | 9,696 | 0.42 mi | ||
W Center St | I- 15 | 2018 | 6,525 | 0.45 mi |
N Geneva Rd | W 400 N | 2018 | 19,559 | 0.46 mi |
East Holdaway Road | S Sleepy Ridge Dr | 2018 | 500 | 0.47 mi |
W Center St | 2018 | 10,148 | 0.48 mi | |
2018 | 9,144 | 0.49 mi | ||
I- 15 | W Center St | 2018 | 2,533 | 0.50 mi |
South 1200 West | W 180 S | 2017 | 14,000 | 0.51 mi |
S 1200 W | W 120 S | 2011 | 13,010 | 0.52 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]