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Absolute NNN Quick Lube Property
For Sale
$799,000

1950 S Main St, Bellefontaine, OH 43311

Single-tenant quick lube investment offered on an absolute NNN basis with no landlord responsibilities.

Property SizeContact for details
Days on Market50

Property Features for 1950 S Main St

General Information

Standard status Active
Property subtype Commercial
Lease Term ±4 YRS

Building Details

Year Built 1995
Listing Agency: Matthews Real Estate Investment Services
Listed By: Jack Kulick · License #02126798 (CA)
Source: Matthews
Added: Jul 24 Changed: Sep 3 Last Checked: Sep 11 at 4:11AM

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 Real Estate Investment Services

Investment Insights

Based on property information with market context.

This is a single-tenant quick lube property offered for sale on an absolute NNN lease structure, with zero landlord responsibilities. The current tenant, Team Car Care, operates approximately 500 units and is described as the #1 Jiffy Lube operator in the U.S. The lease has also been supported by a recent extension, and rent is scheduled to increase by 10% every five years.

The property is located at 1950 S Main St in Bellefontaine, Ohio. Surrounding retail includes Kroger, McDonald’s, Bob Evans, Napa Auto Parts, Burger King, Lowe’s, and Arby’s, among other nearby businesses.

Jiffy Lube is referenced as the national leader in quick lube services and is described as a subsidiary of Shell Oil Company, with over 2,100 locations across North America.

Key Highlights

  • Single‑tenant quick lube investment on an absolute NNN lease with zero landlord responsibilities
  • Tenant Team Car Care is the #1 Jiffy Lube operator in the U.S. with approximately 500 units
  • Recent lease extension indicates the tenant’s commitment to the location

Property Analytics

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Current Use

Jiffy Lube Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Parking Lot & Garage Pharmacy

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

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43311, OH

20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • gmps-steve-austins Steve Austin's Auto Group, 2500 S Main St, Bellefontaine, OH 43311
  • Integrity Ford 2348 US-68, Bellefontaine, OH 43311
  • Walmart Auto Care Centers 2281 US-68, Bellefontaine, OH 43311
  • 3 Bros Auto Repair Gunntown Rd, Bellefontaine, OH 43311
  • Jiffy Lube 1950 S Main St, Bellefontaine, OH 43311

Frequently Asked Questions

What type of property is this?
Auto shop - Single-tenant quick lube investment offered on an absolute NNN basis with no landlord responsibilities.
Where is this auto shop located?
The property is located at 1950 S Main St Bellefontaine, OH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Single‑tenant quick lube investment on an absolute NNN lease with zero landlord responsibilities; Tenant Team Car Care is the #1 Jiffy Lube operator in the U.S. with approximately 500 units; Recent lease extension indicates the tenant’s commitment to the location
More about this property
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