Smithfield Retail for Sale - Cache County
This Jiffy Lube Multi-Care property offers an exceptional investment opportunity in a high-visibility location along Main Street, Smithfield’s primary north-south retail corridor that connects the city center to Logan. The site benefits from excellent accessibility with over 36,000 vehicles per day (AADT) and immediate access to U.S. Route 91, a major regional thoroughfare through Utah’s Cache Valley.
The property is leased to Griffin Enterprises, LLC, one of Jiffy Lube Multi-Care’s largest and most established franchise operators with locations in Utah, Nevada, and Colorado, ensuring strong and reliable tenancy. The absolute triple-net (NNN) lease structure eliminates landlord responsibilities for roof, structure, and parking lot, making this a truly passive investment.
Located within a vibrant and growing trade area, the property serves a population of 60,224 within a five-mile radius, reflecting a 37% increase since 2010, and an average household income of $130,270 within three miles. The region continues to experience significant population and income growth projections over the next five years. Additionally, it is situated just five miles from Utah State University, home to over 22,000 students and 12,000 employees, contributing to a $2.2 billion annual economic impact.
This strategic combination of a prime location, creditworthy tenant, and strong demographic trends positions this Jiffy Lube Multi-Care as a stable, long-term investment with minimal management responsibilities.
