Jiffy Lube

3140 Maple Valley Drive, Madison, WI, 53719, US

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in Jiffy Lube located at 3140 Maple Valley Drive, Madison, Wisconsin. The single tenant net lease asset is 100% occupied by Jiffy Lube, who maintains over 8 years of remaining lease term plus four renewal options, each with a 10% rent increase. The 2,541 SF building was constructed in 2003 and sits on 0.49 acres of land.

The property is strategically positioned within a thriving retail corridor alongside nationally recognized anchors including Target, Hy-Vee, Aldi, and Buffalo Wild Wings, and is just 20 minutes from the University of Wisconsin-Madison. This site capitalizes on exceptional visibility with direct frontage along McKee Road, generating daily traffic volumes of 18,800 vehicles, while benefiting from strong demographics within a five-mile radius where average household incomes exceed $148,000, which is 27% higher than the national average. Located in Wisconsin's fastest-growing metropolitan area serving over 700,000 residents, this combination of high-traffic visibility, affluent demographics, and sustained population growth creates a compelling opportunity in one of the region's most desirable retail markets.

With the return of 100% bonus depreciation, this asset offers an even more compelling investment opportunity. Investors can fully depreciate the building improvements in year one, creating a substantial upfront tax shield. This accelerates cost recovery, boosts after-tax cash flow, and enhances overall returns, adding meaningful value beyond the property's strong real estate fundamentals.

Please refer to the OM for more information on this investment opportunity.

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Attributes

Asking price

SEK 16,970,000

Cap rate

6.5%

NOI

SEK 1,103,000

Building area net

236 m²

Land area net

0.2 ha

Occupancy

100%

Year built

2003

Remaining lease term

8 years

Media

Investment Highlights

100% BONUS DEPRECIATION

• Investors can fully depreciate property improvements in year one, creating a significant upfront tax shield and boosting after-tax cash flow

• Immediate cost recovery improves overall investment returns and reduces tax liability (consult accounting professional for detailed analysis)

STRONG GUARANTY-ABSOLUTE NNN LEASE STRUCTURE

• Property offers over 8 years of remaining term on a NNN lease, with 10% rent bumps every five years, increases which continue through the four option periods

• Backed by Team Car Care, their largest and most established franchisee operator with 520+ locations nationwide

STRONG TRADE AREA WITH MULTIPLE TRAFFIC DRIVERS

• The site sits on one of Madison's primary commercial corridors, attracting regional customers through its concentration of national retailers and proximity to the University of Wisconsin-Madison

• Within just one-mile from the site are significant traffic drivers such as Target, Hy-Vee, Aldi, Jersey Mike's, and Buffalo Wild Wings

HEALTHY TRADE-AREA DEMOGRAPHICS

• The average household income within a five-mile radius is $148,000, which is 27% higher than the national average

• This location demonstrates exceptional market potential with 161,000 residents within a five-mile radius and projected population growth at twice the national average, indicating strong customer density metrics

STRATEGIC REGIONAL ACCESS

• The property is located in Wisconsin's fastest-growing metro area, situated within a flourishing MSA that boasts more than 700,000 residents

• Situated just one-mile from US Highway 151, a 324-mile corridor linking Cedar Rapids, IA to Manitowoc, WI and serving as a key transportation artery through Madison