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33640596
33640593

14450 HILLCROFT AVE, HOUSTON, TX 77085-1505

MT
FL BK3217284
STNL
MB
FL SL3628297
STNL
AE
GA, IA B6987000
Broker of Record Solutions, Inc.
Listed by STNL, Broker of Record Solutions, Inc.
$2,340,000
2 days on market
Updated 2 days ago

Jiffy Lube

Details
APN 1278140010014
Property Type Retail
Sub Type Auto Shop
Square Footage 4,416
Net Rentable (SqFt) 4,416
Cap Rate 6.00%
NOI $140,554
Tenancy Single
Brand/Tenant Jiffy Lube
Lease Type Absolute NNN
Lease Expiration 10/31/2032
Remaining Term 6
Rent Bumps Yes
Lease Options 3, 5-Year Options
Year Built 2007
Acreage 0.690
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/06/2006
Ground Lease No
Sale Condition For sale by owner

Power Center Outparcel | 128,000 VPD Toll Junction | Corporate Guarantee

Marketing description

STNL.com is pleased to present this 100% fee-simple,

Absolute NNN Jiffy Lube located in Houston, TX. Four reasons

to own this property include:

1) Power Center Outparcel: Jiffy Lube occupies a 0.7-acre outparcel within a Home Depot-anchored shopping center on Sam Houston Tollway & Fort Bend Pkwy, a major toll road junction which sees over 128,000 VPD. Home Depot is the only home improvement store within a 3-mile radius, ensuring

consistent shopper traffic in Jiffy Lube’s vicinity with an extended trade area from the Tollway junction. HCA Houston ER, within the same shopping center, serves as the only ER/Hospital for 6+ miles, demonstrating this shopping center’s importance to the 126,000 residents within 3 miles.

2) Corporate Owned Lease: This Jiffy Lube features a corporate Lease backed by Jiffy Lube International, Inc., ensuring a secure and stable cash flow. Originally a franchised location, Jiffy Lube International took over the Lease in 2022 and exercised the first renewal option early, indicating the

corporation’s confidence in this site for the foreseeable future.

3) Zero National Competition for 126,000 Residents: Jiffy Lube is the only national credit, quick service oil change for 4+ miles. Within that radius sits a population of over 126,000 residents, 41,146 households, and 13 apartment complexes totaling 3,626 multi-family units, giving your Jiffy Lube an advantage of an uncontested consumer base.

4) Highly Rated Multicare: Your Jiffy Lube offers the brand’s trademark “Multicare” service. Multicare offerings include tires, brakes, suspension, state emissions inspections, battery tests/cleaning, minor engine maintenance, fluids, and exterior/glass work. These additional services ensure multiple sources of income for your Jiffy Lube and an advantage to compete with other local auto shops in the area, which is bolstered by an average rating of 4.6 stars and 930+ google reviews.

Investment highlights

Regional Shopping Center: Jiffy Lube sits within a Home Depot anchored power center, ensuring consistent shopper traffic in Jiffy Lube’s vicinity, and an extended trade area from the Sam Houston Tollway (117,000+ VPD).

Corporate Owned Lease: This Jiffy Lube features a corporate Lease backed by Jiffy Lube International, Inc., ensuring a secure and stable cash flow.

Zero National Competition for 126,000 3-Mile Residents: Jiffy Lube is the only

national credit, quick service oil change for 4+ miles, giving your site a significant advantage with an uncontested consumer base.

Highly Rated Multicare: Your Jiffy Lube offers the brand’s trademark “Multicare” service. These additional small repairs and services offer multiple sources of income for your Jiffy Lube, which is bolstered by an average rating of 4.6 stars and 930+ google reviews.

Listing Contacts

MT
FL BK3217284
STNL
MB
FL SL3628297
STNL
AE
GA, IA B6987000
Broker of Record Solutions, Inc.
Listed by STNL, Broker of Record Solutions, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,554.00
$11,712.83/mo

Valuation Metrics

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DSCR
6.01%
Cap Rate
6.01%
ROI

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