6780 Roosevelt Ave
Middletown, OH 45005
Jiffy Lube #1477 · Retail Property For Sale
PROPERTY FACTS
- Auto Repair
- General Retail Freestanding
- General Retail Service Station
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.
LINKS
PROPERTY TAXES
Parcel Number | 2303189 | Improvements Assessment | $90,685 |
Land Assessment | $59,048 | Total Assessment | $149,733 |
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Listing ID: 14436203
Date on Market: 11/19/2018
Last Updated:
Address: 6780 Roosevelt Ave, Middletown, OH 45005
The Retail Property at 6780 Roosevelt Ave, Middletown, OH 45005 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.