Auto Service - Gas-Conv
12 Year Jiffy Lube
720 E 88th Ave, Thornton, CO 80229
Listing Price: $2,821,214
Cap Rate
5.50%
Tenant Name
Jiffy Lube
Years Remaining On Lease
12.6
Guarantor
Franchisee Guarantee
Rentable SF
2,622
Lease Type
Absolute Net
Rent Per Square Feet
$59.35
Investment Overview
Marcus and Millichap is pleased to present for sale 12 Year Jiffy Lube located at 720 E 88th Ave Thornton, CO.
12 Year Jiffy Lube
Investment Highlights
- - 12 Years Remaining on Initial Lease Term
- - 2% Annual Increases
- - 310,000 - 5 Mile Population
- - $93,198 5 Mile Average Household Income
- - Absolute Net Lease - No Landlord Responsibilities
- - Lease Guarantee with Griffin Enterprises, LLC, one of Jiffy Lube Multi-Care's largest franchisee's with locations in Colorado, Nevada, and Utah.
- - Four, Five Year Options to Extend
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Listing Price: $2,821,214
Cap Rate
5.50%
Tenant Name
Jiffy Lube
Years Remaining On Lease
12.6
Guarantor
Franchisee Guarantee
Rentable SF
2,622
Lease Type
Absolute Net
Rent Per Square Feet
$59.35
Investment Highlights
- - 12 Years Remaining on Initial Lease Term
- - 2% Annual Increases
- - 310,000 - 5 Mile Population
- - $93,198 5 Mile Average Household Income
- - Absolute Net Lease - No Landlord Responsibilities
- - Lease Guarantee with Griffin Enterprises, LLC, one of Jiffy Lube Multi-Care's largest franchisee's with locations in Colorado, Nevada, and Utah.
- - Four, Five Year Options to Extend
Investment Overview
Marcus and Millichap is pleased to present for sale 12 Year Jiffy Lube located at 720 E 88th Ave Thornton, CO.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
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