Jiffy Lube – Sale Leaseback
440 E South St, Freeport, IL 61032, USA

$800,000· Single Tenant (Available)

Investment Highlights

  • 15 Year Sale-Leaseback Absolute NNN Lease – No Landlord Responsibilities
  • 10% Rent Increases Every 5 Years
  • Healthy 11% Rent to Sales Ratio – Rent Based On 2014-2016 Average
  • Four – Five Year Options to Extend With 10% Rent Bumps In Each
  • Strong Operator History – 20+ Years Of Ownership (35+ Years Worked In The Business)

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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