Auto Service - Gas-Conv
Jiffy Lube | Across from Target Anchored Center | Largest Franchisee
1701 Eagan Rd, Madison, WI 53704
Listing Price: $1,925,000
Cap Rate
7.00%
Tenant Name
Team Car Care West, LLC
Years Remaining On Lease
5.2
Gross SF
2,623
Guarantor
Franchisee Guarantee
Rentable SF
2,623
Price/Gross SF
$733.89
Lease Type
Absolute Net
Rent Per Square Feet
$51.37
Investment Overview
The subject property is a net leased Jiffy Lube located in Madison, Wisconsin. Located at the signalized intersection, across the street from Target, Hobby Lobby and Michaels.
Investment Highlights
- Tenant Recently Exercised its 5-Year Option
- Absolute NNN Lease
- 520+ Unit Operator
- Largest Jiffy Lube Franchisee (formerly known as Heartland Automotive)
Auto Service - Gas-Conv
Jiffy Lube | Across from Target Anchored Center | Largest Franchisee
Listing Price: $1,925,000
Cap Rate
7.00%
Tenant Name
Team Car Care West, LLC
Years Remaining On Lease
5.2
Gross SF
2,623
Guarantor
Franchisee Guarantee
Rentable SF
2,623
Price/Gross SF
$733.89
Lease Type
Absolute Net
Rent Per Square Feet
$51.37
Investment Highlights
- Tenant Recently Exercised its 5-Year Option
- Absolute NNN Lease
- 520+ Unit Operator
- Largest Jiffy Lube Franchisee (formerly known as Heartland Automotive)
Investment Overview
The subject property is a net leased Jiffy Lube located in Madison, Wisconsin. Located at the signalized intersection, across the street from Target, Hobby Lobby and Michaels.
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