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Auto Parts

Jiffy Lube & Precision Tune Portfolio (Must Be Purchased Together)

3839 Alexandria Mall Dr, Alexandria, LA 71301

Listing Price: $1,399,000

Cap Rate
7.00%
Tenant Name
Jiffy Lube & Precision Tune
Years Remaining On Lease
1.2
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$279.80
Lease Type
Absolute Net
Rent Per Square Feet
$19.58

Investment Overview

Offered for sale is a two-property Auto Parts Portfolio, featuring Jiffy Lube and Precision Auto Care, which must be purchased together. These assets, located adjacent to one another, are offered as a
portfolio only and provide investors with immediate scale in a proven retail corridor in Alexandria, Louisiana. The properties benefit from excellent visibility along Jefferson Highway (27,965 VPD) with convenient access to the feeder road. The site sits directly across from Alexandria Mall (825,000 SF of retail), positioning the portfolio in the city’s dominant retail hub. The area is anchored by high-traffic national retailers including Albertsons, Target, Lowe’s, Walmart Supercenter, Sam’s Club, and Planet Fitness. Hospitality demand is supported by numerous nearby hotels, including a new Hampton by Hilton currently under construction. Together, the assets total 1.21 acres, with both leases structured at
below-market rental rates and only one renewal option remaining — creating near-term upside for investors. Alexandria serves as the economic, medical, and retail hub of Central Louisiana. The city benefits from its strategic location along U.S. Highway 71 and Interstate 49, providing regional connectivity between Shreveport, Baton Rouge, and New Orleans.

Investment Highlights

  • Corporate Store – Absolute Net Lease With 1.4 Years Remaining (Jiffy Lube)
  • Absolute Net Lease With 2.1 Years Remaining (Precision Tune)
  • 28-Year Operating History With One Five-Year Option (Jiffy Lube)
  • 26-Year Operating History With One Five-Year Option (Precision Tune)
  • Nationally Recognized Automotive Service Leader (Jiffy Lube)
  • Top Performing Location in Louisiana by Annual Visits (Precision Tune)
  • Established Automotive Repair Brand Under Icahn Automotive (Precision Tune)

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) LA: BROK.995710346-ASA

    Louisiana

Financing By

Auto Parts

Jiffy Lube & Precision Tune Portfolio (Must Be Purchased Together)

Listing Price: $1,399,000

Cap Rate
7.00%
Tenant Name
Jiffy Lube & Precision Tune
Years Remaining On Lease
1.2
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$279.80
Lease Type
Absolute Net
Rent Per Square Feet
$19.58

Investment Highlights

  • Corporate Store – Absolute Net Lease With 1.4 Years Remaining (Jiffy Lube)
  • Absolute Net Lease With 2.1 Years Remaining (Precision Tune)
  • 28-Year Operating History With One Five-Year Option (Jiffy Lube)
  • 26-Year Operating History With One Five-Year Option (Precision Tune)
  • Nationally Recognized Automotive Service Leader (Jiffy Lube)
  • Top Performing Location in Louisiana by Annual Visits (Precision Tune)
  • Established Automotive Repair Brand Under Icahn Automotive (Precision Tune)

Investment Overview

Offered for sale is a two-property Auto Parts Portfolio, featuring Jiffy Lube and Precision Auto Care, which must be purchased together. These assets, located adjacent to one another, are offered as a portfolio only and provide investors with immediate scale in a proven retail corridor in Alexandria, Louisiana. The properties benefit from excellent visibility along Jefferson Highway (27,965 VPD) with convenient access to the feeder road. The site sits directly across from Alexandria Mall (825,000 SF of retail), positioning the portfolio in the city’s dominant retail hub. The area is anchored by high-traffic national retailers including Albertsons, Target, Lowe’s, Walmart Supercenter, Sam’s Club, and Planet Fitness. Hospitality demand is supported by numerous nearby hotels, including a new Hampton by Hilton currently under construction. Together, the assets total 1.21 acres, with both leases structured at below-market rental rates and only one renewal option remaining — creating near-term upside for investors. Alexandria serves as the economic, medical, and retail hub of Central Louisiana. The city benefits from its strategic location along U.S. Highway 71 and Interstate 49, providing regional connectivity between Shreveport, Baton Rouge, and New Orleans.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): LA: BROK.995710346-ASA

    Louisiana

Financing By

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