Jiffy Lube Absolute NNN
For Sale
Contact for pricing
Pending
455 E 53rd St, Davenport, IA 52807
Long-term absolute NNN corporate lease with a newly executed 15-year term and multiple renewal options.
Property SizeContact for details
Days on Market118
Property Features for 455 E 53rd St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Matthews
Listed By:
Jack Kulick · License #C02126798
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Aug 5 at 11:11AM
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
Investment Insights
Based on property information with market context.
Matthews’ exclusively offers a long-term Jiffy Lube investment on an absolute NNN basis with a corporate lease. The site is operated and backed by Jiffy Lube International, a subsidiary of Royal Dutch Shell. The tenant recently executed a new 15-year lease with four, 5-year options, reflecting continued commitment to the location.
The property operates under Jiffy Lube’s new Multicare store model, positioned as a full-service maintenance destination beyond oil changes. Services listed for the model include brakes, tires, exterior and glass, engine, filters, fluids, inspections, suspension, and more.
The asset is for sale as part of a portfolio (3). Additional locations in the portfolio are 2105 S Center St, Marshalltown, IA 50158 and 2441 4th St SW, Mason City, IA 50401.
The property operates under Jiffy Lube’s new Multicare store model, positioned as a full-service maintenance destination beyond oil changes. Services listed for the model include brakes, tires, exterior and glass, engine, filters, fluids, inspections, suspension, and more.
The asset is for sale as part of a portfolio (3). Additional locations in the portfolio are 2105 S Center St, Marshalltown, IA 50158 and 2441 4th St SW, Mason City, IA 50401.
Key Highlights
- Long‑term absolute NNN Jiffy Lube investment on a corporate lease
- Tenant recently executed a new 15‑year lease with four 5‑year renewal options
- Jiffy Lube operated and backed by Jiffy Lube International, a subsidiary of Royal Dutch Shell
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
848k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Shops & Services 19%
Dining 18%
Apparel 11%
Target
Superstores
153,452 visits/mo
0.4 miles
Walmart
Superstores
149,492 visits/mo
0.5 miles
Hy-Vee
Groceries
68,883 visits/mo
0.3 miles
T.J. Maxx
Apparel
63,779 visits/mo
0.3 miles
Texas Roadhouse
Dining
55,415 visits/mo
0.1 miles
Demographics for 52807, IA
15,851
Population
8,136
Households
1.9
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
28.6 sq mi
ZIP Area
554
Density / Sq Mi
$71,866
Median Household Income
$44,203
Median Earnings
$910
Median Rent
$323,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Auto shop - Long-term absolute NNN corporate lease with a newly executed 15-year term and multiple renewal options.
Where is this auto shop located?
The property is located at 455 E 53rd St Davenport, IA.
What are key features of this property?
This property features: Long‑term absolute NNN Jiffy Lube investment on a corporate lease; Tenant recently executed a new 15‑year lease with four 5‑year renewal options; Jiffy Lube operated and backed by Jiffy Lube International, a subsidiary of Royal Dutch Shell
