NNN Sale Leaseback Investment

Jiffy Lube | Noblesville, IN

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,920 SF Jiffy Lube NNN Sale Leaseback Investment Opportunity Located at 2390 East Conner Street in Noblesville, 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 Closing
  • 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 Conner Street Which Sees Over 15,679 VPD and Huntington Avenue Which Sees Over 34,000 VPD
  • Nearby Ivy Tech Noblesville School and Hamilton East Public Library Which Drives Traffic Past the Site
  • Located in the Shopping Destination With Tenants Including: Big Lots, Home Depot, T.J. Maxx, Walmart Supercenter, Kohl’s and More

In Cooperation With Sands Investment Group Indiana, LLC IN Lic. # RC52000211 BoR: Andrew Ackerman – IN Lic. # RB20001918

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Kohl’s | Noblesville, IN

Sands Investment Group is pleased to present this corporate guaranteed NNN lease investment opportunity located in Noblesville, Indiana.

  • Corporate Guaranteed NNN Investment with ~12 Years Remaining on the Lease
  • Has Occupied this Location Since 2002 Showing a Strong Commitment To This Site
  • Kohl’s Just Extended Their Lease for an Additional 7+ Years, With No Rent Reduction in the Current Term – This Store is Not Targeted for Downsizing in the Near Future
  • Lease Extension Options Include a Five (5) Year Renewal Option in 2036 with Two (2) Additional Five (5) Year Options Thereafter
  • Maximum Traffic in Front of Kohl’s As the End Cap to Town and Country Plaza Shopping Center – the National Credit Tenants Include Walmart Supercenter, Rent-A-Center, Staples, GameStop, GNC, Sally Beauty, Jersey Mike’s and Dollar Tree. No Vacancies in the Shopping Center at the Time of this Release
  • Strong Visibility From Highway 37 Boasting an Impressive 39,000+ VPD
  • Located in Hamilton County, the 2nd Fastest Growing County in Indiana (2017)
  • Noblesville Sits at the Convergence of Several State Routes, Including 32, 37, 38, 238 and 19 – More Than Any Other City in the State Except Indianapolis
  • Across the Street from Stony Creek MarketPlace – Select Tenants Include: Meijer, Per 1, Barnes & Noble, TJ Maxx, Home Goods and PetSmart
  • Within Walking Distance of 550+ Multi-Family Units and 200,000+ Square Feet of Office Space
  • The Town and Country Plaza Shopping Center Features Two Electric Car Charging Stations – Both are Dedicated to Kohl’s
  • Select Neighboring Tenants Include: Taco Bell, Chick-fil-A, Charley’s, Lowe’s, Chili’s, LA Fitness, Goodwill, Wendy’s, Hobby Lobby, Walgreens and Tractor Supply

In Cooperation with: JDS Real Estate Services, Inc. BoR: Monte Alexander – Lic # RC51500226

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