Jiffy Lube International, Inc. NNN Property For Sale — Billings, MT
1023 Main Street, Billings, MT 59105
This attractive Jiffy Lube property offers investors a secure asset with a long-term corporate lease. The building is well-maintained and equipped with four bays, ideal for its auto service operations. The absolute net lease structure provides a passive investment opportunity with scheduled rent increases, ensuring steady income growth.
- Address: 1023 Main Street, Billings, MT 59105
- Asking price $2.39M
- 5.75% cap rate
- NOI $137,310
- 9.8 years remaining
- NNN lease
- Building size: 4,205 SF
- Rent increases: 10% fixed rent increases every 5 years
- Guarantor: Corporate
Location
This Jiffy Lube International, Inc. property is at 1023 Main Street in Billings, Montana.
Asset type: Auto Service