NNN Leased Jiffy Lube
For Sale
Contact for pricing
440 E South St, Freeport, IL
NNN leased Jiffy Lube with over 9 years remaining.
Property Size1,692 SF
Lot Size0.49 Acres
Price / SF$409.77
Days on Market903
Property Features for 440 E South St
General Information
Standard status
Active
Size
1,692 SF
Lot size
0.49 Acres
Property subtype
RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(281) 610-5011
Listed By:
Chance Hales · License #697980
(806) 679-9776
Source:
Moodyscre
Added: Feb 20, 2024
Changed: Jul 10
Last Checked: Aug 10 at 3:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This property is a NNN leased Jiffy Lube location with over 9 years remaining on the current term. The tenant has been successfully operating at this location for over 30 years. The property benefits from great visibility along E South St, with a traffic count of over 14,000 vehicles per day. It is located within a healthy demographic area with over 25,000 residents within a 5-mile radius. The property offers a completely passive investment opportunity with zero landlord responsibilities. Rent increases are structured at 10% every 5 years. The property size is 1,692 square feet. This property is suitable for auto shops, automotive properties, retail properties, NNN properties, and specialty properties.
Key Highlights
- Absolute NNN Lease: Enjoy a completely passive investment.
- Long‑Term Lease: Benefit from over 9 years remaining on the current lease term.
- Rent Increases: Secure your investment with 10% rent increases every 5 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Hotels & Casinos 4%
Dollar General
Shops & Services
4,948 visits/mo
0.4 miles
Barkau CDJR of Freeport
Shops & Services
1,406 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
670 visits/mo
0.0 miles
Super 8 by Wyndham Freeport
Hotels & Casinos
310 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tormohlen's Good People Automotive — 1800 S Ihm Blvd, Freeport, IL 61032
- Gerber Collision & Glass — 555 W Meadows Dr, Freeport, IL 61032
- Freeport Ford, LLC — 555 W Meadows Dr, Freeport, IL 61032
- Freeport Ford Service — 555 W Meadows Dr, Freeport, IL 61032
- Fast Turn Supply Inc — 1731 Lincoln Dr, Freeport, IL 61032
Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Jiffy Lube with over 9 years remaining.
Where is this auto shop located?
The property is located at 440 E South St Freeport, IL.
What is the asking price?
The asking price for this property is $693,330.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy a completely passive investment.; Long‑Term Lease: Benefit from over 9 years remaining on the current lease term.; Rent Increases: Secure your investment with 10% rent increases every 5 years.
