For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Jiffy Lube Investment Opportunity Title is generated by Realmo AI

    2602 Ferrand St, Monroe, LA 71201

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN Jiffy Lube in Monroe, LA with long-term tenant.

    Type:Retail
    Property size:
    2,590 SF
    Price / SF:
    $386/SF
    Added:
    Mar 24, 2026
    Days on Market:
    50
    Last Refresh:
    Mar 25 at 8:52 pm

    Property Features for 2602 Ferrand St

    General Information

    Standard status
    Active
    Size
    2,590 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jack Kulick

    Listing agent Jack Kulick License #C02126798

    Listing office Matthews

    Listing date Mar 24, 2026

    Source Crexi

    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

    HighLights

    • Absolute NNN lease offers a truly passive investment with no landlord responsibilities.
    • Guaranteed by Team Car Care (400+ locations), the largest Jiffy Lube franchise operator, ensuring exceptional stability.
    • Rent increases of 12.5% every 5 years provide a rare and attractive hedge against inflation.
    • Tenant recently exercised their option period, demonstrating strong long‑term commitment.
    • Located near the University of Louisiana Monroe (approximately 9,000 students).
    • High traffic location with ±21,500 vehicles per day and excellent accessibility.

    Overview

    The Jiffy Lube property located at 2602 Ferrand St in Monroe, LA 71201 is available for purchase. The property is listed at $1,000,000, offering a 7.00% cap rate. The tenant has recently exercised their option period. The guarantor, Team Car Care, is the largest Jiffy Lube franchise operator in the United States. The lease is absolute NNN with no landlord responsibilities. Rent increases of 12.5% are scheduled every 5 years. The property is located near the University of Louisiana Monroe, which has approximately 9,000 students. Approximately 21,500 vehicles per day pass the site, which has multiple access points from both Ferrand Street and Sterlington Road. Surrounding national co-tenants include McDonald's, Starbucks, Circle K, Chase Bank, Wendy's, Taco Bell, Domino's, and Zaxby's. The property size is 2,590 square feet. This property is also available as part of a two-site portfolio alongside a Jiffy Lube located at 1333 E Main St, Ville Platte, LA, 70586 offered together at $1,786,000 | $125,052 Rent | 7.00% Cap Rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jiffy Lube Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Twin City Glass Inc 2933 louisville ave, monroe, la 71201
    • Shelton's Automotive 2827 Breard St, Monroe, LA 71201
    • Scott Nettle's Automotive, Inc 2835 Breard St, Monroe, LA 71201
    • Engine Service & Machine 2825 Breard St, Monroe, LA 71201
    • Ink's Firestone 3110 Concordia St, Monroe, LA 71201

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.080634
    Latitude
    32.533372

    FAQs

    What type of property is this?
    Auto shop - NNN Jiffy Lube in Monroe, LA with long-term tenant.
    Where is this auto shop located?
    The property is located at 2602 Ferrand St Monroe, LA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Absolute NNN lease offers a truly passive investment with no landlord responsibilities.; Guaranteed by Team Car Care (400+ locations), the largest Jiffy Lube franchise operator, ensuring exceptional stability.; Rent increases of 12.5% every 5 years provide a rare and attractive hedge against inflation.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message