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33492454

3301 Southwest Topeka Boulevard, Topeka, KS 66611

RW
KS CO00000256
Christie Development Associates, LLC
Listed by Christie Development Associates, LLC
$1,093,953
3 days on market
Updated 3 days ago

NNN Investment - Jiffy Lube

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 3,099
Net Rentable (SqFt) 3,099
Cap Rate 6.50%
NOI $71,107
Tenancy Single
Brand/Tenant Jiffy Lube
Lease Type NNN
Lease Expiration 04/30/2034
Remaining Term 7.9
Rent Bumps Yes
Lease Options 4 x 5 year options
Year Built 1955
Acreage 0.410
Investment Type Net Lease
Ground Lease No

JIFFY LUBE - NNN Investment Opportunity

Marketing description

Jiffy Lube – NNN Investment for Sale at SW Topeka Blvd & SW Croix St, Topeka, KS offers investors the opportunity to acquire a proven, necessity-based retail asset in one of Topeka’s strongest commercial corridors. Jiffy Lube has successfully operated at this location since 2005, demonstrating long-term tenant commitment, consistent customer demand, and strong site performance. The lease is backed by Team Car Care, one of the largest Jiffy Lube franchise operators in the country, with more than 600 locations nationwide. This established operator adds scale, experience, and strength to an already recognizable national automotive service brand. Positioned along busy SW Topeka Boulevard, the property benefits from surrounding residential density and a growing retail trade area. Nearby national retailers and restaurants include Walmart, Dollar General, Walgreens, Burger King, Sonic, Whataburger, and Chick-fil-A, reinforcing the corridor’s sustained consumer traffic and retail momentum. With over two decades of operating history, strong brand recognition, and a location in Kansas’ capital city roughly 60 miles west of Kansas City, this asset presents an attractive passive investment opportunity with durable long-term appeal.

Investment highlights

8 years remaining term

4 renewal options

Over 20 years of operating history at this location

backed by Team Car Care, 600+ locations nationwide

Listing Contacts

RW
KS CO00000256
Christie Development Associates, LLC
Listed by Christie Development Associates, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,107.00
$5,925.58/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Rachel West
License
CO00000256
Brokerage Phone
8168302660
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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