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JIFFY LUBE 283 S Willow St

2,070 SF Retail Building Manchester, NH 03103 £1,273,882 (£615/SF) 6.50% Net Initial Yield

Investment Highlights

  • Long-Term Lease and Recent Extension – Tenant exercised their option early, demonstrating commitment to the location and providing security of income.
  • Strong Guaranty – MC, LLC is a top Jiffy Lube operator with 100+ locations nationally.
  • Corner Positioning – Dual access from S Willow St. and Alpheus St.
  • Absolute NNN – Zero landlord responsibilities.
  • Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
  • Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. **Consult your tax or accounting professional

Executive Summary

Broker of Record
Brian Brockman
License No. 075994 (NH)
(866) 889-0550
Bang Realty- New England, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,070 SF
Building Class
C
Year Built
2004
Price
£1,273,882
Price Per SF
£615
Net Initial Yield
6.50%
NOI
£82,802
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
0.46 AC
Parking
16 Spaces (7.73 Spaces per 1,000 SF Leased)
Frontage
103 ft on S Willow St

Links

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Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Aroma Joe's
The Zoo Health Club
Digital Federal Credit Union
Golden Corral
Citizens Bank
Jazzercise
ColorTyme
Sky Zone
Rent-A-Center
Hannaford

PROPERTY TAXES

Parcel Number MNCH-000299-000000-000027 Improvements Assessment £289,055
Land Assessment £384,988 Total Assessment £674,044

PROPERTY TAXES

Parcel Number
MNCH-000299-000000-000027
Land Assessment
£384,988
Improvements Assessment
£289,055
Total Assessment
£674,044
(760) 642-9942

  • Listing ID: 33627028

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 283 S Willow St, Manchester, NH 03103

The Retail Property at 283 S Willow St, Manchester, NH 03103 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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JIFFY LUBE | 283 S Willow St
(760) 642-9942 x

JIFFY LUBE | 283 S Willow St

Jack Kulick

(760) 642-9942

(760) 642-9942

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