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4933 S Scatterfield Rd
Anderson, IN 46013
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term operator with corporate guarantee
- High visibility location off major thoroughfare
- Absolute NNN lease – true passive income
EXECUTIVE SUMMARY
AiCRE Partners is pleased to exclusively present the Jiffy Lube located at 4933 S Scatterfield Rd in Anderson, Indiana. This 1,440 SF property is offered at an attractive price point with a brand-new 15-year NNN lease commencing at close of escrow. The tenant, Indiana Auto Care LLC, is a 26-unit Jiffy Lube operator who has been at this location for over 25 years and is committing over $150,000 toward a building remodel. Situated in a dense retail corridor adjacent to a Walmart Supercenter, this investment offers long-term passive income with built-in 2% annual rent increases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,440 SF
Building Class
C
Year Built
1994
Price
$1,166,340 CAD
Price Per SF
$809.96 CAD
Cap Rate
6.25%
NOI
$72,896 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.43 AC
Zoning
B-1 - Local Business
Parking
5 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 48-12-30-404-012.000-003 | Improvements Assessment | $75,339 CAD |
| Land Assessment | $227,125 CAD | Total Assessment | $302,464 CAD |
PROPERTY TAXES
Parcel Number
48-12-30-404-012.000-003
Land Assessment
$227,125 CAD
Improvements Assessment
$75,339 CAD
Total Assessment
$302,464 CAD
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