283 S Willow St Manchester, NH
Call to check price and availability
NNN leased Jiffy Lube with long-term extension and rent increases.
Type:RETAIL
Property size:
2,070 SFLot size:
0.47 Acres- Added:
- Dec 6, 2024
- Days on Market:
- 499
- Last Refresh:
- Apr 5 at 11:13 pm
Property Features for 283 S Willow St
General Information
- Standard status
- Active
- Size
- 2,070 SF
- Lot size
- 0.47 Acres
- Property subtype
- RETAIL
Listing agent Jack Kulick (760) 642-9942
Listing office Matthews Real Estate Investment Services (760) 642-9942
Listing date Dec 6, 2024
Source Moodyscre
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
Overview
Jiffy Lube Investment Opportunity
This property is a Jiffy Lube location with a long-term lease that was recently extended, demonstrating the tenant's commitment to the location. The lease is an absolute NNN lease, meaning there are zero landlord responsibilities. The tenant, MC, LLC, is a major Jiffy Lube operator with over 100 locations nationwide, providing a strong guaranty. Rent increases of 10% every 5 years offer a hedge against inflation. The property benefits from corner positioning with dual access from S Willow St. and Alpheus St. Located in an area with dense demographics, the population within a 3-mile radius is approximately 101,887. The property is 2,070 square feet. Quick lube businesses are generally resistant to economic changes. Auto service properties may be eligible for an accelerated depreciation schedule.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Jiffy Lube
Auto Repair Shop
Similar Places Nearby
- Manchester Collision Center — 150 John E Devine Dr, Manchester, NH 03103
- Dent Wizard — 140 March Ave, Manchester, NH 03103
- Flow Auto Glass Services — 1051 S Willow St, Manchester, NH 03103
- Pep Boys — 875 S Willow St, Manchester, NH 03103
- Henry's Collision Center — 330 March Ave, Manchester, NH 03103
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4539
- Latitude
- 42.9694
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN leased Jiffy Lube with long-term extension and rent increases.
Where is this auto shop located?
The property is located at 283 S Willow St Manchester, NH.
What is the asking price?
The asking price for this property is $1,624,000.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy zero landlord responsibilities.; Long‑Term Lease with Recent Extension: Benefit from tenant commitment and income security.; Strong Guaranty: Leased to a top Jiffy Lube operator with over 100 locations.
