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Jiffy Lube 2105 W Roosevelt Blvd

1,140 SF Retail Building Monroe, NC 28110 $2,214,376 CAD ($1,942 CAD/SF) 6.40% Cap Rate

Investment Highlights

  • Strong Credit Tenant l Jiffy Lube l Subsidiary of Shell Oil Company (S&P A+ Rating)
  • 20 Year Sale-Leaseback commencing at COE
  • Strategically located across from a Shopping Center (Monroe Shopping Center) with outparcel tenants including Taco Bell, Advance Auto Parts, and Burge
  • NNN l Fee Simple Ownership l No Landlord Responsibilities
  • Location neighbors Buffalo Wild Wings, Pizza Hut, LongHorn Steakhouse, and Arby’s and is slightly down the road from strong national tenants including
  • Experiences an outstanding ±58,000 VPD passing by the site

Executive Summary

Broker of Record
Kyle Matthews
License No. 288917 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,140 SF
Building Class
C
Year Built
1979
Price
$2,214,376 CAD
Price Per SF
$1,942 CAD
Cap Rate
6.40%
NOI
$141,720 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.37 AC
Zoning
B3
Parking
10 Spaces (8.77 Spaces per 1,000 SF Leased)
Frontage
83 ft on Roosevelt Blvd

Amenities

  • Pylon Sign
  • Drive Thru

Nearby Major Retailers

Planet Fitness
Buffalo Wild Wings
PNC Bank
Longhorn Steakhouse
Truist
Food Lion
Coco's Bakery
Rent-A-Center
Logan's Roadhouse
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-264-003-C
Land Assessment
$692,120 CAD
Improvements Assessment
$86,428 CAD
Total Assessment
$778,548 CAD
  • Listing ID: 33276478

  • Date on Market: 2024-09-23

  • Last Updated:

  • Address: 2105 W Roosevelt Blvd, Monroe, NC 28110

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