Jiffy Lube | Kokomo, IN
Sands Investment Group is Pleased to Present Exclusively For Sale the 1,440 SF Jiffy Lube Sale Leaseback NNN Investment Opportunity Located at 3711 South Reed Road in Kokomo, Indiana. With MT Enterprises Extending Their Absolute Triple Net (NNN) Lease to a 10 Year Term, Attractive Rent Increases and Reported Sales, This Opportunity Provides For a Long Term Stable Investment.
- Tenant’s Long Term Commitment – New Extended 10 Year Lease Commencing at Close of Escrow
- Attractive 10% Rental Increases Every 5 Years and at Options
- MT Enterprises Guarantees Lease and is an Established Operator in the Region
- MT Enterprises Reports Sales For This Location – Giving Investors Clarity to Performance
- Jiffy Lube Has Been Operating on Site Since 1999
- Jiffy Lube is the Largest Instant Oil Change Brand in the U.S. With Over 2,000 Locations Nationwide
- Nationally Recognized Brand
- Property is Strategically Located Directly Off of Reed Road Which Sees Over 38,200 VPD
- Located in Dense Retail Corridor Across From Southway Plaza-Kokomo Shopping Mall
- Nearby Community Howard Regional Health Hospital Drives Traffic By the Site Daily and Increases Visibility
In Cooperation With Sands Investment Group Indiana, LLC IN Lic. # RC52000211 BoR: Andrew Ackerman – IN Lic. # RB20001918
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