Listed for $1,735,000 yielding a cap rate of 7.25%. |
#1 Jiffy Lube in KS – Per foot traffic data (Alpha Map), the subject property is the best in the state and in the 90th percentile nationally. |
Recent Extension – Tenant exercised their option demonstrating commitment to the location. |
Abs. NNN Lease – Zero landlord responsibilities. |
Strong Guarantor – Team Car Care has ±500 locations nationally and is a national leader in the quick lube industry. |
Rent Increases – 10% increases every 5 years provide effective hedge against inflation. |