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Freestanding Jiffy Lube NNN Property
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345 N 1st Street, Hermiston, OR 97838

Automotive service facility leased under an absolute NNN structure with established regional-route frontage.

Property SizeContact for details
Days on Market143

Property Features for 345 N 1st Street

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Kidder Mathews Portland
Listed By: Lance Sasser · License #201209212
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 9:26AM

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 Kidder Mathews Portland

Investment Insights

Based on property information with market context.

This freestanding Jiffy Lube property is occupied under an absolute NNN lease with more than 5 years remaining. The asset is configured for automotive service operations and carries the Jiffy Lube brand, which is a privately owned subsidiary of Shell Oil.

The property fronts a regional traffic route serving connections toward the Tri-Cities and Pendleton, OR. Its setting also draws from surrounding residential areas in Hermiston, OR. The lease is associated with a multi-unit Jiffy Lube franchisee, while Shell Oil is identified with an AA credit rating from S&P.

Key Highlights

  • Freestanding Jiffy Lube property
  • Absolute NNN lease with 5+ years remaining
  • Frontage along a regional traffic route connecting toward the Tri‑Cities and Pendleton, OR

Property Analytics

Current Use

Jiffy Lube Auto Repair Shop Hermiston Skatepark Sports Field & Court

Suggested Use

Top Pick Storage Facility Kitchen & Bath Showroom Parking Lot & Garage Electrical Service HVAC Service Big Box & Wholesale Store

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby
152k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 26% Electronics 5% Hotels & Casinos 3%
McDonald's Dining
32,070 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
19,934 visits/mo 0.2 miles
Jack in the Box Dining
16,138 visits/mo 0.5 miles
Bi-Mart Shops & Services
14,660 visits/mo 0.2 miles
Starbucks Dining
13,282 visits/mo 0.4 miles

Demographics for 97838, OR

28,387
Population
10,166
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
79%
High-School Grad
202.4 sq mi
ZIP Area
140
Density / Sq Mi
$76,032
Median Household Income
$40,698
Median Earnings
$1,046
Median Rent
$274,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Automotive service facility leased under an absolute NNN structure with established regional-route frontage.
Where is this nnn property located?
The property is located at 345 N 1st Street Hermiston, OR.
What are key features of this property?
This property features: Freestanding Jiffy Lube property; Absolute NNN lease with 5+ years remaining; Frontage along a regional traffic route connecting toward the Tri‑Cities and Pendleton, OR
More about this property
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