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1333 E Main St 3,077 SF Retail Building Ville Platte, LA 70586 $1,088,799 CAD ($353.85 CAD/SF) 7% Cap Rate
Investment Highlights
- Absolute NNN lease with ±9.6 years remaining and rare 12.5% rent increases every 5 years.
- Jiffy Lube is a national leader in quick-lube services and a subsidiary of Shell Oil Company.
- Auto service sector is e-commerce and recession resistant, providing stable income.
- Team Car Care is the largest Jiffy Lube franchisee with 400+ locations nationwide.
- Recent capital improvements and lease extension show tenant's strong commitment.
- Located on Main St. with ±16,000 vehicles per day and strong local population growth.
Executive Summary
Jarreau Real Estate
License # BROK.995704351-CORP, BROK.32688-ACT (LA)
16161 Perkins Road, Baton Rouge, LA 70810
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- Oct 2025
Jiffy Lube® is a leading provider of automotive preventive maintenance. With a national footprint of franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Jiffy Lube technicians are not just highly trained in preventive maintenance, they are also highly trained in customer service. So if clients have any questions about vehicle maintenance or the services performed at any Jiffy Lube service center, a technician will help them find the resources and information they need, whether it’s in-store, online or by accessing the client's vehicle manufacturer’s recommendations. It’s just another way Jiffy Lube strives each and every day to help customers Leave Worry Behind® .
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | Oct 2025 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 011-0040500 | Improvements Assessment | $3,325 CAD |
| Land Assessment | $831 CAD | Total Assessment | $4,156 CAD |
Property Taxes
Contacts
-
Jack Kulick -
Vincent Chapey -
Vincent Tanzi -
Matthews Real Estate Investment Services
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1333 E Main St
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