O’Fallon, MO
Price: $916,667
Cap Rate: 6.00%
Status: UNDER CONTRACT
Jiffy Lube
4221 Highway K | O’Fallon, MO 63368
Blue West Capital is pleased to exclusively offer for sale a Jiffy Lube located within the St. Louis MSA in the affluent suburb of O’Fallon. This Jiffy Lube location offers high-end all-brick construction as well as an absolute triple net lease with zero landlord responsibilities.
O’Fallon is the largest suburb of St. Louis and the largest municipality in St. Charles County with average household incomes of $146k within one mile of the property. This Jiffy Lube location is strategically positioned along Highway K (32K vehicles per day) and just north of Interstate 64 with close proximity to many national retailers, numerous large office parks and the Progress West Hospital.
- O’Fallon was ranked the #1 “Most Livable Small City in the U.S.” by SmartAsset
- Operated by Team Car Care, the largest Jiffy Lube Franchisee with 520+ locations. Jiffy Lube is the largest quick lube brand in the United States
- Significant rental increase in the first renewal option period (59.7%)
- Retailers in the immediate corridor include Walgreens, Schnucks, Dunkin’ Donuts, Wendy’s, Culver’s, McDonald’s, Popeyes, and Starbucks
OFFERING SUMMARY
Price: $916,667
Cap Rate: 6.00%
Building Size: 2,141 SF
Lot Size: .53 Acres
INVESTMENT CONTACT
BRANDON WRIGHT
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com