Overview

Listing ID:#20180812

Building SF:4,187

Parcel Size:0.70 Acres

Price:$2,990,000

Building PSF:$714.12

Property Type:Retail

Date Available:Now

Single-Tenant Absolute NNN Investment Property

Oakbrook Corporation is pleased to offer a Jiffy Lube investment opportunity located at 152460 Valley Inn Way in Wausau, WI. This new 2020 constructed building consists of 4,187 SF and features Jiffy Lube's newest Multicare facility, servicing oil and filter changes, tires, brakes, and suspension. Stonebriar Auto Services, Jiffy Lube's franchise operator at this location, operates over 109 Jiffy Lube locations nationwide, providing services to customers from their state-of-the-art facilities. This investment features an 11+ year absolute triple net (NNN) lease structure, providing a new Landlord with long term cash flow and zero building-related responsibilities.

Financial Information

Net Op. Income:$179,515

Cap Rate:6.00%

Percent Leased:100%

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:2020

Zoning:Urban Commercial

Contact Listing Agent

Anton Keuntjes

608-443-1039
715-451-3252

Bryant Meyer, CCIM

608-443-1004
608-633-2242

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