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    Jiffy Lube NNN Investment Opportunity Title is generated by Realmo AI

    6709 Watt Ave, North Highlands, CA 95660

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    NNN leased Jiffy Lube with options and percentage rent.

    Type:Retail
    Property size:
    1,493 SF
    Price / SF:
    $1,029/SF
    Added:
    Oct 9, 2023
    Days on Market:
    1002
    Last Refresh:
    Jul 4 at 2:32 pm

    Property Features for 6709 Watt Ave

    General Information

    Standard status
    Active
    Size
    1,493 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1985

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    Thomas Yee
    Thomas Yee

    Listing office Rt Yee & Associates, Inc

    Listing date Oct 9, 2023

    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 Rt Yee & Associates, Inc

    HighLights

    • Absolute NNN Lease with Jiffy Lube International, expiring July 31, 2030.
    • Located at the intersection of two major traffic corridors: Watt Avenue and Elkhorn Blvd.
    • Outparcel anchored by Ross and Napa Auto Parts.
    • 2‑5 year options remain with 2% annual rent increases.
    • Percentage rent clause: 5% of sales versus base rent, paid quarterly.
    • Located near Walgreens, Starbucks, Big Lots, and other national retailers.

    Overview

    This property is leased to Jiffy Lube International, Inc. under an absolute NNN lease. The lease is set to expire on July 31, 2030. The lease includes two 5-year options, with 2% annual increases during the option periods, which started on August 1, 2025, with a new option rent of $96,084. The lease also includes a percentage rent clause of 5% of sales versus the base rent, paid quarterly. The tenant has a 30-day first right of refusal. The property is an outparcel anchored by Ross and Napa Auto Parts. Other pad tenants include McDonald's, Taco Bell, and Popeye's Chicken. The property is located at the intersection of Watt Avenue and Elkhorn Blvd., two major traffic corridors. Across the street are Walgreens, Starbucks, Big Lots, Long John Silvers, 7-Eleven, dd's Discounts, Big 5 Sporting Goods, Grocery Outlet, Dollar Tree, and Auto Zone. The building size is 1493 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jiffy Lube Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hotel & Motel Spa & Massage Center Gym & Fitness Center Skin Care Clinic Big Box & Wholesale Store Building Supply

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

    Similar Places Nearby

    • Prestige Auto Repair — 6305 Watt Ave #106, North Highlands, CA 95660
    • Import Auto Performance — 6309 Watt Ave # 111, North Highlands, CA 95660
    • King's Tire Wheels & Auto Repair — 6150 Watt Ave, North Highlands, CA 95660
    • J & T Auto Repair — 6315 Watt Ave # 124, North Highlands, CA 95660
    • Alex Auto Glass Repair — 6114 32nd st, north highlands, ca 95660

    Location Insight

    • Map
    • Local Demand
    City
    North Highlands
    County
    Sacramento
    State
    California
    Longitude
    -121.384714
    Latitude
    38.688737

    FAQs

    What type of property is this?
    Auto shop - NNN leased Jiffy Lube with options and percentage rent.
    Where is this auto shop located?
    The property is located at 6709 Watt Ave North Highlands, CA.
    What is the asking price?
    The asking price for this property is $1,537,344.
    What are key features of this property?
    This property features: Absolute NNN Lease with Jiffy Lube International, expiring July 31, 2030.; Located at the intersection of two major traffic corridors: Watt Avenue and Elkhorn Blvd.; Outparcel anchored by Ross and Napa Auto Parts.
    More about this property
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