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Jiffy Lube - Keyser 809 Keyser Ave

1,600 SF Retail Building Natchitoches, LA 71457 £611,473 (£382/SF) 6.25% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease With 9+ Years of Lease Term Remaining
  • Second Largest Jiffy Lube Franchisee Team Car Care LLC with 490+ Locations Nationwide
  • Great Visibility on The Busy Keyser Ave with over 21,100 Vehicles Per Day
  • 2, 5-Year Renewal Options with 10% Rent Increase
  • Located Within Major Retail Corridor with Tenants Such As Walmart, Hobby Lobby, Whataburger, Chili’s, Burger King, Pizza Hut, and Sonic

EXECUTIVE SUMMARY

Recently Extended Lease Term with 9+ Years Remaining with Two (2), 5-Year Renewal Options with 10% Rent Increase in Each Option Period.

ATTACHMENTS

809 Keyser Ave - For Sale

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,600 SF
Building Class
C
Year Built
1985
Price
£611,473
Price Per SF
£382
Net Initial Yield
6.25%
NOI
£38,217
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
0.31 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - Commerical
Parking
6 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
149 ft on Keyser Avenue

AMENITIES

  • Air Conditioning

LINKS

1 of 1

NEARBY MAJOR RETAILERS

Rent-A-Center
Chili's Grill & Bar
McAlister's Deli
Sam's Southern Eatery
Starbucks
CrossFit

PROPERTY TAXES

Parcel Number 0011421300 Improvements Assessment £10,029
Land Assessment £9,488 Total Assessment £19,516

PROPERTY TAXES

Parcel Number
0011421300
Land Assessment
£9,488
Improvements Assessment
£10,029
Total Assessment
£19,516
(713) 623-6944 x3112

CONTACTS

  • Listing ID: 29068481

  • Date on Market: 21/07/2023

  • Last Updated:

  • Address: 809 Keyser Ave, Natchitoches, LA 71457

The Retail Property at 809 Keyser Ave, Natchitoches, LA 71457 is currently available for sale. Contact Hunington Properties, Inc. for more information.

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809 Keyser Ave, Natchitoches, LA for sale Building Photo- Image 1 of 2
809 Keyser Ave - For Sale

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Jiffy Lube - Keyser | 809 Keyser Ave
(713) 623-6944 x 3112

Jiffy Lube - Keyser | 809 Keyser Ave

1/2

Jonathan Aron

(713) 623-6944

x3112

(713) 623-6944 x3112

Matthew Kivnani

(469) 604-8681

(469) 604-8681

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