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1950 S Main St
Bellefontaine, OH 43311

$852,000 USD

Auto Repair For Sale  •  2,520 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,260 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning B-3
0 Transit Score
56 Walk Score

Highlights

Listed for $852,000 yielding a cap rate of 7.50%.
Bite-Size Deal – well-below Jiffy Lube national average rent increases the store’s profitability and probability of renewal.
Retail Synergy – Kroger, McDonald’s, Bob Evans, Napa Auto Parts, Burger King, Lowe’s, Arby’s, and More.
Recent Extension demonstrates the tenant’s commitment to the location.
Abs. NNN lease with zero landlord responsibilities.
Team Car Care is the #1 Jiffy Lube operator in the country with ±400 units, which provides security of income.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Jiffy Lube
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services