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Jiffy Lube 2602 Ferrand St 2,975 SF Retail Building Monroe, LA 71201 $1,385,240 CAD ($465.63 CAD/SF) 7% Cap Rate
Investment Highlights
- Recently Exercised Option demonstrates the tenant’s long-term commitment to the location and continued operational success.
- Absolute Triple-Net (NNN) Lease structure ensures zero landlord responsibilities, providing a truly passive investment.
- Strategically Located Near the University of Louisiana Monroe, a public university with approximately 9,000 students, driving consistent traffic
- 12.5% Rent Increases provide a built-in hedge against inflation and support strong long-term income growth.
- Industry-Leading Operator: Team Car Care is the #1 Jiffy Lube franchise in the United States with 400+ locations, providing strong operational backing
- National Brand Recognition: Jiffy Lube, a subsidiary of Shell Oil Company, operates 2,100+ locations across North America
Executive Summary
Donnie Jarreau
License # BROK.32688-ACT, BROK.995704351-CORP (LA)
Jarreau Real Estate
16161 Perkins Road, Baton Rouge, LA 70810
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Services
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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 | ||
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Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,152 CAD | |
| Land Assessment | $10,143 CAD | Total Assessment | $14,294 CAD |
Property Taxes
Presented by
Jiffy Lube | 2602 Ferrand St
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