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| Price $3,757,000 | Built/Renov 2021 | Tenant Jiffy Lube |
| Cap Rate 5.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,734
| Lease Start
06-01-2021
| #Units
3
|
| Price/SF $1,006.16 | Expiration
06-30-2041
| Tenant Type Automotive |
| NOI $216,020 | R. Term 16.0 | Ownership Fee Simple |
| Rent/SF
$57.85
| Increases 10.0%/4/yrs | Pop 5Mi 57,781 |
| Lot/AC 0.66 | Options 8/5yrs/10% | AHHI 5Mi $118,221 |
| | |
Jiffy Lube is located near the signalized, hard corner intersection of Milford Road and Lyon Center Drive, featuring a combined 26,700 vehicles passing by daily. The property is located directly across the street from a Walmart and Lowe’s Home Improvement anchored shopping center. Other nearby national/credit tenants include Meijer, Menards, Sam’s Club, Tractor Supply, ALDI, and more. The...
...Build to suit
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Store sales reported
Traded and rated company
Personal guarantee
Investment grade tenant
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 2,111 | 15,282 | 69,565 |
| 2022 Total Population : | 1,850 | 14,680 | 68,406 |
| 2022 Employed Civilian Pop : | 1,020 | 7,508 | 35,989 |
| 2022 Total Businesses : | 185 | 542 | 2,523 |
| 2022 Average Household Income : | $ 143,607 | $ 141,244 | $ 127,165 |
| 2022 Total Consumer Spending : | $ 80 M | $ 649 M | $ 2957 M |
| 2022 Median Age : | 40 | 39 | 39 |
| 2022 Total Households : | 661 | 5,443 | 27,325 |
| 2022 Pop Age 25+: Bachelor's Degree : | 470 | 3,118 | 13,945 |
| 2022 Average Home Value : | $ 395,248 | $ 334,172 | $ 336,913 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| I-96 ON RAMP | Milford Rd | 2020 | 4,008 | 0.14 mi |
| 2018 | 5,849 | 0.16 mi | ||
| 2018 | 5,102 | 0.18 mi | ||
| I- 96 | Milford Rd | 2019 | 4,990 | 0.18 mi |
| Lyon Center Dr E | Coe R X R | 2018 | 5,960 | 0.21 mi |
| LYON CENTER DR | Coe R X R | 2020 | 5,064 | 0.21 mi |
| MILFORD RD | Lyon Center Dr W | 2020 | 21,559 | 0.24 mi |
| Pontiac Trail Ct | Pammar Dr | 2012 | 7,779 | 0.26 mi |
| Pontiac Trl | Pontiactrail Ct | 2011 | 7,800 | 0.27 mi |
| Milford Rd | I- 96 | 2013 | 26,741 | 0.30 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
