DFW Jiffy Lube
For Sale
Contact for pricing
1841 PRECINCT LINE RD, Hurst, TX 76053
Four Jiffy Lube properties in DFW offered as package.
Property Size8,984 SF
Price / SF$544.08
Days on Market96
Property Features for 1841 PRECINCT LINE RD
General Information
Standard status
Active
Size
8,984 SF
Property subtype
Retail
Net Operating Income
$293,259
Building Details
Stories
1
Units
4
Tenancy
Single
Listing Agency:
CBRE Dallas
Listed By:
Johnny Dunn · License #TX 677506
Source:
Crexi
Added: May 26
Changed: Aug 23
Last Checked: Aug 25 at 10:57PM
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 CBRE Dallas
Investment Insights
Based on property information with market context.
This offering consists of a four-property portfolio of Jiffy Lube locations in the Dallas-Fort Worth area. The properties are situated across Arlington, Hurst, and Azle. The total size of the portfolio is 8,984 square feet. Jiffy Lube is a well-known quick lube brand in North America with a long history in the automotive maintenance sector.
Key Highlights
- Four‑property Jiffy Lube portfolio offered as a package.
- Located in high‑traffic areas across Arlington, Hurst, and Azle (DFW area).
- Established Jiffy Lube brand with a long operating history.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$149,120
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,982,400
$3.0M
Cap Rate 7%
$2,130,286
$2.1M
Cap Rate 9%
$1,656,889
$1.7M
Market Conditions
NOI Build-Up for 8,984 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$224.2K $24.96/SF
− Vacancy
−$11.2K −$1.25/SF
EGI
$213.0K $23.71/SF
− OpEx
−$63.9K −$7.11/SF
NOI
$149.1K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,982,400
Cap Rate 7%
$2,130,286
Cap Rate 9%
$1,656,889
Alternative Uses
Best Use
Retail
$2.13M
$1.86M – $2.49M
NOI $149,120 @ 7.0% cap · market cap 3.05%
Second Best
Industrial
$723.7K
$633.2K – $844.3K
NOI $50,656 @ 7.0% cap · market cap 1.04%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,222 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
295k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 28%
Shops & Services 21%
Groceries 7%
Walmart
Superstores
118,169 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
29,859 visits/mo
0.4 miles
Murphy USA
Shops & Services
24,617 visits/mo
0.2 miles
Aldi
Groceries
19,971 visits/mo
0.3 miles
Panera Bread
Dining
14,579 visits/mo
0.2 miles
Demographics for 76053, TX
31,935
Population
12,803
Households
2.5
Avg Household Size
36
Median Age
29%
College-Educated
87%
High-School Grad
8.1 sq mi
ZIP Area
3,943
Density / Sq Mi
$62,402
Median Household Income
$39,147
Median Earnings
$1,322
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- VNR MOBILE TRUCK & TRAILER REPAIR & WASH OUT — 8500 N Harwood Rd #1814, North Richland Hills, TX 76180
- Wheelers mobile mechanic — 8515 boulevard 26, north richland hills, tx 76180
- Pain in the Gutter
- Jiffy Lube — 1841 Precinct Line Rd, Hurst, TX 76054
- Walmart Auto Care Centers — 1732 Precinct Line Rd, Hurst, TX 76054
Frequently Asked Questions
What type of property is this?
Auto shop - Four Jiffy Lube properties in DFW offered as package.
Where is this auto shop located?
The property is located at 1841 PRECINCT LINE RD Hurst, TX.
What is the asking price?
The asking price for this property is $4,888,000.
What are key features of this property?
This property features: Four‑property Jiffy Lube portfolio offered as a package.; Located in high‑traffic areas across Arlington, Hurst, and Azle (DFW area).; Established Jiffy Lube brand with a long operating history.
