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JIFFY LUBE 20015 W 153rd St

2,118 SF Retail Building Olathe, KS 66062 £1,370,667 (£647/SF) 7.25% Net Initial Yield

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Investment Highlights

Listed for $1,735,000 yielding a cap rate of 7.25%.
Recent Extension – Tenant exercised their option demonstrating commitment to the location.
Strong Guarantor – Team Car Care has ±500 locations nationally and is a national leader in the quick lube industry.

#1 Jiffy Lube in KS – Per foot traffic data (Alpha Map), the subject property is the best in the state and in the 90th percentile nationally.
Abs. NNN Lease – Zero landlord responsibilities.
Rent Increases – 10% increases every 5 years provide effective hedge against inflation.

Executive Summary

Broker of Record
Kyle Matthews
License No. CO00002672 (KS)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203