Jiffy Lube | Columbus, OH
For Sale
Jiffy Lube | Columbus, OH
Asking Price: $1,760,000
| Cap Rate: 6.25%
- Net Operating Income: $110,000
- Weighted Avg. Lease Term (WALT): 15 Years
- Lease Type: Absolute Net
Property Highlights
- Brand new 15-year lease with attractive 7.5% increases every 5 years
- Leased to the largest Jiffy Lube franchisee in the U.S. (530+ locations)
- Absolute-Net lease deal; zero landlord responsibilities
- Ample parking for customers and entrances off the main roads making the site easily accessible
