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1333 E Main St
Ville Platte, LA 70586

$786,000 USD

Service Station For Sale  •  3,077 SF

Property Details

  • Property Type Service Station
  • Total Building Size 3,077 SF
  • Lot Size 0.47 AC
  • Year Built 2005
  • Cap Rate 7.00 %
  • Tenancy Single
30 Walk Score

Highlights

Absolute NNN lease with ±9.6 years remaining and rare 12.5% rent increases every 5 years.
Team Car Care is the largest Jiffy Lube franchisee with 400+ locations nationwide.
Jiffy Lube is a national leader in quick-lube services and a subsidiary of Shell Oil Company.
Recent capital improvements and lease extension show tenant's strong commitment.
Auto service sector is e-commerce and recession resistant, providing stable income.
Located on Main St. with ±16,000 vehicles per day and strong local population growth.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Jiffy Lube 10/1/2025

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services