Jiffy Lube - Temple, TX
10% increases every 5 years | NEW DATA CENTER CAMPUS NEARBY
Marketing description
Matthews™ is pleased to present its latest Jiffy Lube listing located at 4233 S 31st St in Temple, TX 76502. This property is listed at $1,383,000, offering a 5.35% cap rate. This investment also features 10% rent increases every 5 years to provide an effective hedge against inflation. The location benefits from a fast-growing Central Texas market positioned along the I-35 corridor, anchored by Baylor Scott & White Medical Center — one of the largest employers in the region — driving consistent demand for essential automotive services. The lease is absolute NNN with zero landlord responsibilities. With heavy traffic volume of approximately 33,300 vehicles per day on S 31st St, the property enjoys outstanding visibility and accessibility, while below-market rent compared to Jiffy Lube's national average further improves tenant profitability and likelihood of renewal.
Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. Consult your tax or accounting professional for more information.
AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO. Other property: 524 Pan American Dr, Harker Heights, TX 76548 here.
Investment highlights
- Listed for $1,383,000 yielding a cap rate of 5.35%.
- NEW DATA CENTER IN TEMPLE, TX - Blackstone-backed Rowan Digital Infrastructure secured nearly $3 billion in construction financing—the largest in the company’s history—for a 300MW, 700-acre hyperscale data center campus located 4 miles from the subject property.
- Abs. NNN Lease offers a passive ownership structure for any investor.
- Rent Increases – 10% increases every 5 years provide an effective hedge against inflation, preserving and growing income over the lease term.
- Long Term Lease of 12+ years provides strong security of income.
- Temple, TX – A growing Central Texas market with a strong and diverse economic base anchored by Baylor Scott & White Medical Center, one of the largest employers in the region, providing a stable consumer base with consistent demand for essential automotive services.
- Ecommerce & Recession-Proof Investment – Quick lube is an essential, in-person automotive service not replicable online and historically resilient across economic cycles.
- Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. **Consult your tax or accounting professional for more information.
- Income Tax-Free State of Texas.
- Recent Lease Extension & Long-Term Operating History demonstrate tenant's commitment to the location
- Cheaper Rent compared to Jiffy Lube's national average improves the tenant's profitability and likelihood of renewal.
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