Jiffy Lube Multicare | 1603 E Washington St
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Jiffy Lube Multicare 1603 E Washington St
2,125 SF Retail Building Idabel, OK 74745 $2,714,000 ($1,277/SF) 6.15% Cap Rate
Investment Highlights
- 15-Year Corporate Absolute NNN Lease with 10% Rent Increases Every 5-Years
- Subject Property Is Next to the Choctaw Casino – Idabel, a Resort Casino Operated by the 3rd Largest Indian Nation in the US.
- Jiffy Lube is the National Leader in Quick Lube Services with More Than 2,200 Locations Nationwide.
- Excellent Hard Corner Location at the Intersection of E Washington St and N Brookwood Dr.
- Located Near Several National Retailers, Including Walmart Supercenter, Harbor Freight Tools, Taco Bell, Aaron’s Furniture Store & More.
- Idabel | “Dogwood Capital of Oklahoma” | Population: 7,004+
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,125 SF
Building Class
C
Year Built
2023
Price
$2,714,000
Price Per SF
$1,277
Cap Rate
6.15%
NOI
$166,911
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Zoning
COM - Commercial
PROPERTY TAXES
| Parcel Number | 1399-33-07S-24E-3-003-00 | Improvements Assessment | $14,855 |
| Land Assessment | $8,928 | Total Assessment | $23,783 |
PROPERTY TAXES
Parcel Number
1399-33-07S-24E-3-003-00
Land Assessment
$8,928
Improvements Assessment
$14,855
Total Assessment
$23,783
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Jiffy Lube Multicare | 1603 E Washington St
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