Jiffy Lube NNN Investment
For Sale
Contact for pricing
Pending
6709 Watt Ave, North Highlands, CA 95660
NNN leased Jiffy Lube with options and percentage rent.
Property Size1,493 SF
Days on Market1047
Property Features for 6709 Watt Ave
General Information
Standard status
Pending
Size
1,493 SF
Property subtype
Retail
Zoning
SPA - Auto Repair
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
1985
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Rt Yee & Associates, Inc
Listed By:
Thomas Yee · License #CA 01222976
Source:
Crexi
Added: Oct 9, 2023
Changed: Aug 17
Last Checked: Aug 16 at 9:13PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
212k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 34%
Apparel 18%
Groceries 7%
Ross Dress for Less
Apparel
28,863 visits/mo
0.1 miles
McDonald's
Dining
23,501 visits/mo
0.2 miles
ARCO
Shops & Services
20,956 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,799 visits/mo
0.4 miles
dd's DISCOUNTS
Shops & Services
18,369 visits/mo
0.3 miles
Demographics for 95660, CA
35,368
Population
11,433
Households
3.1
Avg Household Size
34
Median Age
11%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
5,526
Density / Sq Mi
$66,957
Median Household Income
$36,426
Median Earnings
$1,650
Median Rent
$330,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market 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
Frequently Asked Questions
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.
