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Jiffy Lube – Edgewood 205 Edgewood Dr

1,600 SF Retail Building Pineville, LA 71360 $800,902 ($501/SF) 6% Cap Rate

Retail Space Louisiana Pineville 205 Edgewood Dr, Pineville, LA 71360

Investment Highlights

  • Absolute NNN Lease With 2+ Years of Lease Term Remaining
  • Second Largest Jiffy Lube Franchisee Team Car Care LLC with 490+ Locations Nationwide
  • 1, 5-Year Renewal Option Remaining with 12.5% Rent Increase
  • Located Within Major Retail Corridor with Tenants Such As CVS Pharmacy, Walgreens, Dollar General, McDonalds, Burger King, Chase Bank

Executive Summary

Short Term Lease With No Renewal Options

Attachments

205 Edgewood - For Sale

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,600 SF
Building Class
C
Year Built
1982
Price
$800,902
Price Per SF
$501
Cap Rate
6%
NOI
$48,054
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.26 AC

Amenities

  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

Piggly Wiggly
Chase Bank
Walmart Neighborhood Market
Anytime Fitness
CrossFit
Regions Bank
(713) 623-6944 x312

Contacts

  • Listing ID: 29120213

  • Date on Market: 7/27/2023

  • Last Updated:

  • Address: 205 Edgewood Dr, Pineville, LA 71360

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205 Edgewood - For Sale

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Jiffy Lube – Edgewood | 205 Edgewood Dr
(713) 623-6944 x 312

Jiffy Lube – Edgewood | 205 Edgewood Dr

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Jonathan Aron

(713) 623-6944

x312

(713) 623-6944 x312

Matthew Kivnani

(469) 604-8681

(469) 604-8681

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