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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)

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Vice President Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

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.

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Vice President Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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