Ville Platte Jiffy Lube
1333 E Main St, Ville Platte, LA 70586
For Sale
Contact for pricing
NNN Jiffy Lube in Ville Platte, LA for sale.
Property Size3,077 SF
Price / SF$255.44
Days on Market231
Property Features for 1333 E Main St
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Matthews
Listed By:
Jack Kulick · License LA C02126798
Source:
Crexi
Added: Mar 27
Changed: Nov 8
Last Checked: Nov 12 at 5:53AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Jiffy Lube property, located at 1333 E Main St in Ville Platte, LA 70586, is available for purchase. The property is listed at $786,000 and offers a 7.00% cap rate. The tenant has recently completed capital improvements and executed a lease extension. The guarantor, Team Car Care, is the largest Jiffy Lube operator in the country. The lease is absolute NNN with no landlord responsibilities. Rent increases of 12.5% are scheduled every 5 years. The surrounding area has experienced approximately 1.5% annual population growth within a 3-mile radius. The property is also available as part of a two-site portfolio alongside a Jiffy Lube located at 2602 Ferrand St., Monroe, LA 71201, offered together at $1,786,000 with $125,052 rent and a 7.00% Cap Rate. The property size is 3,077 square feet.
Key Highlights
- Absolute NNN lease provides a passive income stream with no landlord responsibilities.
- Lease guaranteed by Team Car Care (400+ locations), the largest Jiffy Lube operator, ensuring income stability.
- Attractive 7.00% cap rate at the list price of $786,000.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70586, LA
19,589
Population
8,626
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
77%
High-School Grad
310.8 sq mi
ZIP Area
63
Density / Sq Mi
$43,375
Median Household Income
$33,638
Median Earnings
$705
Median Rent
$131,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Global Auto Glass — 740 S Chataignier St, Ville Platte, LA 70586
- Jiffy Lube — 1333 E Main St, Ville Platte, LA 70586
- Guaranty Glass Co — 1312 E Main St, Ville Platte, LA 70586
- Pitre Conoco Sta & Garage — 1538 E Main St, Ville Platte, LA 70586
- Auto Windshield Repair USA — 209 Tate Cove Rd, Ville Platte, LA 70586
Frequently Asked Questions
What type of property is this?
Auto shop - NNN Jiffy Lube in Ville Platte, LA for sale.
Where is this auto shop located?
The property is located at 1333 E Main St Ville Platte, LA.
What is the asking price?
The asking price for this property is $786,000.
What are key features of this property?
This property features: Absolute NNN lease provides a passive income stream with no landlord responsibilities.; Lease guaranteed by Team Car Care (400+ locations), the largest Jiffy Lube operator, ensuring income stability.; Attractive 7.00% cap rate at the list price of $786,000.
