NNN Jiffy Lube Auto
640 N Wayne St Angola, IN 46703
640 N Wayne St, Angola, IN, 46703
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For Sale
Contact for pricing
Single-tenant Jiffy Lube property features an absolute NNN lease with scheduled annual rent increases.
Property Size2,068 SF
Price / SF$856.38
Days on Market72
Property Features for 640 N Wayne St
General Information
- Standard status
- Active
- Size
- 2,068 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing agency
Matthews
Listed by
Jack Kulick · License #C02126798
Source
Crexi
Added: May 12 Updated: Jul 21 at 8:52PM Checked: Jul 21 at 8:52PM
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
Investment Insights
Based on property information with market context.
This single-tenant Jiffy Lube auto service property is offered for sale and leased to Allied Lube (70+). Public remarks indicate the lease includes approximately 1.3% annual rent increases and highlights a recent early lease extension demonstrating long-term tenant commitment.
The property is located at 640 N Wayne St in Angola, Indiana, with approximately 16,500 vehicles per day reported on N Wayne St for visibility along a primary retail corridor.
The lease is described as absolute NNN with zero landlord responsibilities, and the investment is presented as a Jiffy Lube Multicare format that supports a broader range of automotive services beyond oil changes, according to the remarks.
The property is located at 640 N Wayne St in Angola, Indiana, with approximately 16,500 vehicles per day reported on N Wayne St for visibility along a primary retail corridor.
The lease is described as absolute NNN with zero landlord responsibilities, and the investment is presented as a Jiffy Lube Multicare format that supports a broader range of automotive services beyond oil changes, according to the remarks.
Key Highlights
- Single‑tenant Jiffy Lube property built in 2000 at 640 N Wayne St, Angola, IN 46703
- Absolute NNN lease with zero landlord responsibilities
- 6.75% cap rate and listed price of $1,771,000
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
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FAQs
What type of property is this?
Auto shop - Single-tenant Jiffy Lube property features an absolute NNN lease with scheduled annual rent increases.
Where is this auto shop located?
The property is located at 640 N Wayne St Angola, IN.
What is the asking price?
The asking price for this property is $1,771,000.
What are key features of this property?
This property features: Single‑tenant Jiffy Lube property built in 2000 at 640 N Wayne St, Angola, IN 46703; Absolute NNN lease with zero landlord responsibilities; 6.75% cap rate and listed price of $1,771,000
