Jiffy Lube Multicare Idabel, OK

1603 East Washington Street
Idabel, OK

Price: $2,714,000
Cap Rate: 6.15%
NOI: $166,905
Building Size: Approx. 2,125 Sq. Ft.
Lot Size: Approx. 0.56 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service

Investment Overview

  • 2023 Construction. 2,125+/- SF Building on 0.56+/- Acre Site
  • 15-Year Corporate Absolute NNN Lease with 10% Rent Increases Every 5-Years
  • Excellent Hard Corner Location at the Intersection of E Washington St and N Brookwood Dr.
  • Subject Property Is Next to the Choctaw Casino – Idabel, a Resort Casino Operated by the 3rd Largest Indian Nation in the US.
  • Located Near Several National Retailers, Including Walmart Supercenter, Harbor Freight Tools, Taco Bell, Aaron’s Furniture Store & More.
  • Jiffy Lube is the National Leader in Quick Lube Services with More Than 2,200 Locations Nationwide.
  • Idabel | “Dogwood Capital of Oklahoma” | Population: 7,004+

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