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Jiffy Lube Auto Shop
For Sale
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1546 W Broadway St, Idaho Falls, ID 83402

Automotive service property leased under a new absolute NNN structure with scheduled rent increases.

Property SizeContact for details
Days on Market143

Property Features for 1546 W Broadway St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Kyle Gulock · License #CA 01861385
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:37AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property includes the land and building associated with a Jiffy Lube automotive service operation at 1546 W Broadway St. The site has operated as a Jiffy Lube for 24 years and is being offered with a new 15-year sale-leaseback arrangement secured by an absolute NNN lease. Contractual rent increases of 10% occur every five years during the initial term and option periods.

Located along Broadway Street in Idaho Falls, the property is highly visible from Interstate 15 and benefits from proximity to the interstate, where nearly 20,000 vehicles pass each day. The surrounding 5-mile radius has recorded 22% population growth. The tenant is an established Jiffy Lube franchisee operating seven Jiffy Lube stores and nine Big O Tires locations. The property is also available as part of a portfolio offering.

Key Highlights

  • Fee simple ownership includes the land and building
  • New 15‑year absolute NNN lease through a sale‑leaseback structure
  • 10% rent increases every five years during the base term and option periods

Property Analytics

Current Use

Jiffy Lube Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Barber Shop Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby
169k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 26% Groceries 19% Home Improvements & Furnishings 3%
McDonald's Dining
33,887 visits/mo 0.2 miles
Albertsons Groceries
32,714 visits/mo 0.3 miles
Wendy's Dining
20,351 visits/mo 0.4 miles
Sinclair Shops & Services
13,858 visits/mo 0.4 miles
Sinclair Shops & Services
12,401 visits/mo 0.2 miles

Demographics for 83402, ID

28,452
Population
11,983
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
171.0 sq mi
ZIP Area
166
Density / Sq Mi
$72,064
Median Household Income
$35,593
Median Earnings
$904
Median Rent
$301,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Automotive service property leased under a new absolute NNN structure with scheduled rent increases.
Where is this auto shop located?
The property is located at 1546 W Broadway St Idaho Falls, ID.
What are key features of this property?
This property features: Fee simple ownership includes the land and building; New 15‑year absolute NNN lease through a sale‑leaseback structure; 10% rent increases every five years during the base term and option periods
More about this property
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