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28761365
28761366

1330 Cedar St, Helena, MT 59601

ST
WA 74057
Northmarq - Seattle
JD
WA WA 21001346
Northmarq - Seattle
Northmarq
Listed by Northmarq - Seattle, Northmarq
$1,980,000
182 days on market
Updated 9 days ago

Jiffy Lube

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 2,400
Net Rentable (SqFt) 2,400
Cap Rate 6.00%
Occupancy 100%
Tenancy Single
Brand/Tenant Jiffy Lube
Lease Type Absolute NNN
Remaining Term 12
Rent Bumps Yes
Class B
Year Built 1990
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.450
Zoning B-2 General Commercial
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple

Absolute NNN Jiffy Lube in Helena, MT

Marketing description

Northmarq is pleased to present the exclusive opportunity to acquire 1330 Cedar Street, an absolute NNN Jiffy Lube investment located along one of Helena’s primary commercial corridors. The Property comprises approximately 2,400 square feet of building area on ±0.45 acres, offering exceptional visibility, convenient access, and proximity to major retail anchors and national brands.

The asset is operated by The Foster Group, Inc., one of Montana’s largest and most successful Jiffy Lube franchisees with 9 locations across Montana and Idaho. The lease features 12 years of remaining term, providing investors with a stable and predictable income stream backed by a proven operator.

Strategically positioned less than 1 mile from Interstate 15 and 2 miles from downtown Helena, the property benefits from consistent daily traffic counts of 21,181 VPD and strong local demographics supported by the state’s capital city economy. Average household income within 5 miles is $104,920. Nearby retailers include Safeway, Walmart, Home Depot, Murdoch’s, and Albertsons, driving cross-shopping and sustained consumer activity.

With its ansolute NNN lease, essential-service tenancy, and central location in one of Montana’s most stable and government-backed markets, this property presents an attractive opportunity for investors seeking durable cash flow and minimal management responsibilities.

Investment highlights

  • LONG-TERM LEASE: 12-year absolute NNN lease with passive income and scheduled rent increases.

  • NO LANDLORD RESPONSIBILITIES: Absolute NNN—tenant covers taxes, insurance, and all maintenance.

  • CLEAN ENVIRONMENTAL: 2021 Phase I ESA found no issues; tenant is responsible for all remediation and capital items, minimizing owner risk.

  • ESSENTIAL SERVICE TENANT: Jiffy Lube operated by a strong regional franchisee (The Foster Group, 9 units in MT & ID).

  • ESTABLISHED LOCATION: High-traffic Cedar Street corridor with direct I-15 access; operating successfully since 2017.

  • TAX POSITION: Significant cost-segregation potential with eligibility for 100% bonus depreciation to enhance year-one after-tax returns.

  • PROXIMITY TO MAJOR RETAILERS: Near Safeway, Walmart, Lowe’s, Home Depot, Albertsons, and national QSRs.

Listing Contacts

ST
WA 74057
Northmarq - Seattle
JD
WA WA 21001346
Northmarq - Seattle
Northmarq
Listed by Northmarq - Seattle, Northmarq

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