Jiffy Lube Investment
For Sale
Contact for pricing
283 S Willow St, Manchester, NH
NNN leased Jiffy Lube with long-term extension and rent increases.
Property Size2,070 SF
Lot Size0.47 Acres
Price / SF$784.54
Days on Market637
Property Features for 283 S Willow St
General Information
Standard status
Active
Size
2,070 SF
Lot size
0.47 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services
(866) 889-0550
Listed By:
Jack Kulick · License #02126798(CA)
(760) 642-9942
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Aug 9
Last Checked: Sep 2 at 3:40PM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
This property is a Jiffy Lube location with a long-term lease that was recently extended, demonstrating the tenant's commitment to the location. The lease is an absolute NNN lease, meaning there are zero landlord responsibilities. The tenant, MC, LLC, is a major Jiffy Lube operator with over 100 locations nationwide, providing a strong guaranty. Rent increases of 10% every 5 years offer a hedge against inflation. The property benefits from corner positioning with dual access from S Willow St. and Alpheus St. Located in an area with dense demographics, the population within a 3-mile radius is approximately 101,887. The property is 2,070 square feet. Quick lube businesses are generally resistant to economic changes. Auto service properties may be eligible for an accelerated depreciation schedule.
Key Highlights
- Absolute NNN Lease: Enjoy zero landlord responsibilities.
- Long‑Term Lease with Recent Extension: Benefit from tenant commitment and income security.
- Strong Guaranty: Leased to a top Jiffy Lube operator with over 100 locations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
101k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 22%
Apparel 20%
McDonald's
Dining
26,268 visits/mo
0.1 miles
Savers Thrift Store
Apparel
20,091 visits/mo
0.1 miles
Aroma Joe's
Dining
12,906 visits/mo
0.2 miles
Firehouse Subs
Dining
7,062 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,918 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Henry's Collision Center — 330 March Ave, Manchester, NH 03103
- Dent Wizard — 140 March Ave, Manchester, NH 03103
- Manchester Collision Center — 150 John E Devine Dr, Manchester, NH 03103
- Flow Auto Glass Services — 1051 S Willow St, Manchester, NH 03103
- Pep Boys — 875 S Willow St, Manchester, NH 03103
Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Jiffy Lube with long-term extension and rent increases.
Where is this auto shop located?
The property is located at 283 S Willow St Manchester, NH.
What is the asking price?
The asking price for this property is $1,624,000.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy zero landlord responsibilities.; Long‑Term Lease with Recent Extension: Benefit from tenant commitment and income security.; Strong Guaranty: Leased to a top Jiffy Lube operator with over 100 locations.
