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29565079
29565078

2128 S 4th St, Chickasha, OK 73018 For Sale

PD
CA 01009448, TX 830945
Kidder Mathews San Diego
JN
CA 1002237
Commercial Real Estate Exchange Inc
Listed by Kidder Mathews San Diego, Commercial Real Estate Exchange Inc
$2,808,595
169 days on market
Updated 56 days ago

Jiffy Lube Intl- 10 year-NNN-Corporate Guarantee-6.75% CAP

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 2,984
Net Rentable (SqFt) 2,984
Units 1
Cap Rate 6.75%
NOI $189,580
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 04/30/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options Five, 5-year options
Price per SqFt $941
Broker Co-Op Yes
Class A
Year Built 2021
Year Renovated NA
Buildings 1
Stories 1
Lot Size (SqFt) 32,760
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2021
Occupancy Date 04/01/2021
Ground Lease No
Ownership Fee simple
Sale Condition 1031 exchange

Jiffy Lube | Corporate | NNN | 10+ years | 6.25% CAP | 2,984 Sq Ft

Marketing description

Offering Overview

Kidder Mathews is pleased to offer the opportunity to purchase a long-term, corporate Jiffy Lube, surrounded by a concentration of national retailers and daily-needs services. The site is firmly embedded within Chickasha’s most established retail node, supporting long-term tenant performance and investment durability. The seller is highly motivated!

Key Investment Highlights

  • Lease term: Approximately ten (10) years, plus five (5), five-year renewal options
  • Rent increases: Ten percent (10%) every five years
  • Lease Structure: Absolute Triple Net (NNN) – Zero landlord responsibilities
  • Corporate guarantee: Jiffy Lube International, Inc.
  • Location: U.S. Highway 81 / South 4th Street – Chickasha’s primary retail corridor
  • Traffic Exposure: ~17,000 AADT on US-81; ~20,000 AADT on nearby I-44
  • Retail Synergy: Walmart Supercenter, Chick-fil-A, Starbucks, Aldi, Tractor Supply Co., Walgreens, and additional national tenants
  • Buyer Profile: Ideal for private capital and 1031 exchange investors
  • Management: Passive ownership with predictable cash flow and zero landlord responsibilities

Market & Location Advantages

The property serves a regional trade area extending 30+ miles, drawing consumers from across Grady County and surrounding communities. Chickasha continues to attract new retail investment, reinforcing the corridor’s role as the city’s dominant shopping destination. Strong traffic volumes, established infrastructure, and national tenant adjacency collectively support long-term real estate value.

Investment highlights

  • Corporate Guarantee: Jiffy Lube International, Inc.
  • Motivated Seller: 6.75% asking cap rate
  • Price: $2,808,595
  • Lease term: Ten (10) years, plus five (5), five-year renewal options
  • Rent increases: Ten percent (10%) every five years
  • Lease Structure: Absolute Triple Net (NNN) – Zero landlord responsibilities
  • Location: U.S. Highway 81 / South 4th Street – Chickasha’s primary retail corridor
  • Traffic Exposure: ~17,000 AADT on US-81; ~20,000 AADT on nearby I-44
  • Retail Synergy: Walmart Supercenter, Chick-fil-A, Starbucks, Aldi, Tractor Supply Co., Walgreens, and additional national tenants
  • Buyer Profile: Ideal for private capital and 1031 exchange investors
  • Management: Passive ownership with predictable cash flow

Listing Contacts

PD
CA 01009448, TX 830945
Kidder Mathews San Diego
JN
CA 1002237
Commercial Real Estate Exchange Inc
Listed by Kidder Mathews San Diego, Commercial Real Estate Exchange Inc

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$189,580.00
$15,798.33/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

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