Jiffy Lube
1423 E San Marnan Dr, Waterloo, IA 50702, USA

$760,000· Single Tenant (Sold)

Investment Highlights

  • Absolute Triple Net Lease - No Landlord Responsibilities
  • Tenant Just Renewed Lease - 10 Year Extension. Over Eight Years Remaining With an Additional One-Ten Year Option Term
  • Rent Increases Every Five Years Based on CPI (Next Rent Adjustment 6/1/2019)
  • Located in an Extremely Dense Retail Corridor (Sits Across From Crossroads Mall)
  • Strong Operator History

 

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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