Jiffy Lube NNN
3240 John Williams Blvd Bedford, IN 47421
New
3240 John Williams Blvd, Bedford, IN, 47421
$3,000,000
For Sale
$3,000,000
Corporate Jiffy Lube lease features 9+ years remaining, multiple 5-year options, and scheduled 10% rent increases.
Days on Market4
Property Features for 3240 John Williams Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Properties For Sale
at 3240 John Williams Blvd Contact us
Listing Agency
SRS Real Estate Partners | McLean
(202) 286-1542
Listed by
Andrew Fallon
(202) 286-1542
Source
Srsre
Added: Jul 17 Checked: Jul 20 at 1:36 am
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 SRS Real Estate Partners | McLean
Investment Insights
Based on property information with market context.
This Jiffy Lube NNN outparcel is leased to Jiffy Lube, LLC under a corporate signed agreement. The lease has 9+ years remaining and includes five (5-year) option periods to extend. Rental increases are structured at 10% every five years, with the increase beginning at the start of each option period. Per the lease structure described in the remarks, the tenant pays CAM, taxes, and insurance, maintains all aspects of the premises, and the landlord has no responsibilities.
The property is located less than half a mile from IN-37 (22,000 VPD) and about one mile from 16th St (15,000 VPD). It is described as sitting between Walmart and John A Williams Blvd (13,600 VPD), providing visibility. The site is an outparcel to a Walmart-anchored center with tenants including Dollar Tree, GameStop, and Verizon Wireless, among others.
The surrounding retail area has seen recent growth, including a Del Taco and Culver’s less than one mile from the site. Walmart is also constructing a Walmart Fuel Station and walk-in convenience store directly between Walmart and the subject property, and nearby retailers listed include Aldi, Lowe’s, McDonald’s, Bealls, Bath & Body Works, Wendy’s, and Goodwill.
The property is located less than half a mile from IN-37 (22,000 VPD) and about one mile from 16th St (15,000 VPD). It is described as sitting between Walmart and John A Williams Blvd (13,600 VPD), providing visibility. The site is an outparcel to a Walmart-anchored center with tenants including Dollar Tree, GameStop, and Verizon Wireless, among others.
The surrounding retail area has seen recent growth, including a Del Taco and Culver’s less than one mile from the site. Walmart is also constructing a Walmart Fuel Station and walk-in convenience store directly between Walmart and the subject property, and nearby retailers listed include Aldi, Lowe’s, McDonald’s, Bealls, Bath & Body Works, Wendy’s, and Goodwill.
Key Highlights
- Jiffy Lube, LLC corporate lease with 9+ years remaining and five 5‑year option periods to extend
- Lease includes 10% rental increases every 5 years, including at the beginning of each option period
- Tenant is responsible for CAM, taxes, and insurance and maintains all aspects of the premises
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Jiffy Lube — 3240 John A Williams Blvd, Bedford, IN 47421
- Walmart Auto Care Centers — 3200 John A Williams Blvd, Bedford, IN 47421
- Big O Tires — 1420 James Ave, Bedford, IN 47421
FAQs
What type of property is this?
Auto shop - Corporate Jiffy Lube lease features 9+ years remaining, multiple 5-year options, and scheduled 10% rent increases.
Where is this auto shop located?
The property is located at 3240 John Williams Blvd Bedford, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Jiffy Lube, LLC corporate lease with 9+ years remaining and five 5‑year option periods to extend; Lease includes 10% rental increases every 5 years, including at the beginning of each option period; Tenant is responsible for CAM, taxes, and insurance and maintains all aspects of the premises
