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6780 Roosevelt Ave
Middletown, OH 45005

Jiffy Lube #1477 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,185 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.78 AC

ABOUT 6780 ROOSEVELT AVE , MIDDLETOWN, OH 45005

Jiffy Lube #1477 features an absolute net lease with ten years remaining and guaranteed by top operator, Lucor, Inc, the second largest franchisee of Jiffy Lube’s in the United States. Jiffy Lube, one of the nation’s leading automobile maintenance and repair specialists, serves approximately 20 million customers each year. Jiffy Lube #1477 is in excellent proximity to area infrastructure. It is just minutes away from Interstate 75, a major highway leading to Cincinnati and Dayton, and is off US Route 122 (26,800 VPD), a major road leading directly through Middletown and its residential areas. Jiffy Lube #1477 is located in Middletown’s premier retail corridor and is surrounded by big box retailers such as Walmart, Meijer, and more, in addition to popular restaurants such as Applebee’s, Wendy’s, and Olive Garden. Also at this intersection are the town’s two major medical facilities. Atrium Medical Center is the city’s hospital and second largest employer while Kettering Health Network Midtown is a recently completed $36 million medical complex. Jiffy Lube #1477 is located halfway in between the cities of Cincinnati and Dayton. Cincinnati is home to nine Fortune 500 company headquarters including Kroger, Proctor & Gamble, and Fifth Third Bank and is part of the largest metro in the state. Dayton is a large city with a population of over 140,000 people and with an economy focused on healthcare and technological innovation. Jiffy Lube #1477 presents an investor with the opportunity to acquire an absolute net leased property with over ten years remaining on the lease and guaranteed by a top operator of Jiffy Lube’s in the nation, Lucor, Inc. We are pleased to offer this investment opportunity for $600,000 at a 6.00% cap rate.

PROPERTY TAXES

  • Listing ID: 14436203

  • Date on Market: 11/19/2018

  • Last Updated:

  • Address: 6780 Roosevelt Ave, Middletown, OH 45005