Published on: Tuesday, September 3, 2024
Updated on: Tuesday, April 1, 2025
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About the Lister
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Name: Tanweer Akhtar
Company:  
Office Phone: 602.628.6298
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3033 I-10 Frontage Baytown Texas , 77521
3033 I-10 Frontage Baytown Texas                                                                                               , 77521  Keller Williams Memorial/KW Commercial
Listing ID: BZ-Florida-14487

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 5.5
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-10793
Status: Price not Disclosed
Occupancy: N/A
Year Build: N/A
Building Size: 4.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Is Security Deposit Required: No
Lease Type: Triple Net Lease (NNN)
Available B2B Options: 0
Offer to Millionaire Club: No
Attached Documents
  • Download | Starbucks+-+Tucson,+AZ+Final+OM-compressed_1.pdf ( 11,156.07KB)
Listing Summary
This property is a hassle-free investment opportunity with a long-term 20-year Absolute NNN lease signed by Jiffy Lube, featuring 10% rental increases every 5 years and four 5-year renewal options. The brand-new 2024 build-to-suit construction supports Jiffy Lube’s new Multi-Care concept, expanding its services to include tires, brakes, and more.
Complete Details
Year Build: N/A
Building Size: 4 SqFt.
Total Lot Area: N/A
No of Stories: N/A
No of Total Units: N/A
Occupancy: 0%
Heating and Cooling: Not Specified
Roofing: Not Specified
No of Parking: N/A
Lease Details
Lease Type: Triple Net Lease (NNN)
Monthly Rent: Price not Disclosed
Availability on: Friday, June 28, 2024
Rental Application Fee: $0.00
Total Cost to Move in: $0.00
Security Deposit Required?: No
Lease Terms

1 Year

Full Description

This property is a hassle-free investment opportunity with a long-term 20-year Absolute NNN lease signed by Jiffy Lube, featuring 10% rental increases every 5 years and four 5-year renewal options. The brand-new 2024 build-to-suit construction supports Jiffy Lube’s new Multi-Care concept, expanding its services to include tires, brakes, and more. Located in a high-growth area of the Phoenix MSA, this property benefits from over 250,000 residents within 5 miles and is surrounded by major retailers like a 192,021 SF Wal-Mart Supercenter, Sprouts, and Fry’s Marketplace. With prime street frontage on Thunderbird Road and exposure to over 45,000 vehicles daily, this location is ideal for capturing significant drive-by traffic. The property is backed by Arizona’s largest Jiffy Lube operator, ensuring a stable and reliable tenant.

Additional Properties
Property Highlights
  • 1-4 Acres of stabilized Industrial Outdoor Storage (IOS) Land
  • Sub-Lease (3.5 +/- years remaining) off of Wade Rd. & I-10 East Fwy in Baytown, TX
  • Near the Port of Houston, east of downtown, easy access to and from.
  • Built in 2023, the property is fully security fenced, crushed rock road base, security cameras, lighting, and 24-hour secured access.
Listing Location
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Created On: 11/5/2024
Modified On: 11/5/2024
3899 El Mercado Loop , Sierra Vista Arizona                                                                                              85635
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16986 W Pat Tillman Blvd , Surprise Arizona                                                                                              85387
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Created On: 10/25/2024
Modified On: 4/1/2025
104 Osborne Way , Georgetown Kentucky                                                                                             40324
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Listing ID: CL-Texas-12498
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Created On: 10/21/2024
Modified On: 10/22/2024
4167 N FM 1053 , Fort Stockton Texas                                                                                                79735
Address: 4200 Williams Blvd , Kenner Louisiana 70065
Listing ID: CL-Louisiana-12467
Listing Type: Commercial
Category: Retail - Automotive
Status: Accepting Offers
Created On: 10/17/2024
Modified On: 10/17/2024
4200 Williams Blvd , Kenner Louisiana                                                                                            70065