109 Fm 250 Hughes Springs, TX 75656
This exceptional investment opportunity presents a 3,000 square foot Jiffy Lube Multicare center in Hughes Springs, Texas. The property boasts a 15-year absolute NNN lease, commencing January 1, 2023, and expiring January 1, 2038, with four 5-year renewal options. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The property features a 6.15% cap rate and a strong NOI of $154,527. Built in 2023, this well-maintained building sits on a 0.4-acre lot at a high-traffic intersection, benefiting from excellent visibility and accessibility. The location is strategically positioned near several national retailers, including Dollar General, Dairy Queen, and Sonic, further enhancing its appeal. This Jiffy Lube location offers expanded services beyond standard oil changes, including brakes, battery, engine, fluids, and suspension work. The corporate guarantee provides significant tenant security. The property's prime location in East Texas, a growing region, and its association with a nationally recognized brand, make this a compelling investment opportunity with significant long-term potential. The asking price is $2,513,000, representing a price per square foot of $837.67. The property is currently 100% occupied. This is a rare chance to acquire a high-performing, low-maintenance investment property with a secure, long-term lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.