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