Jiffy Lube Waxahachie, TX

902 Ferris Ave
Waxahachie, TX

Price: $1445000
Cap Rate: 5.85%
NOI: $84,503
Building Size: Approx. 3553 Sq. Ft.
Lot Size: Approx. 0.36 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2015

Investment Overview

  • 3,553+/- SF Building on 0.36+/- Acre Site. Renovated in 2015
  • New 20-Year, Corporate NNN Lease with 10% Rent Bumps every 5-Years
  • Near as AutoZone, Sherwin Williams, Comerica, Church’s Chicken, O’Reilly, & CVS
  • Located along U.S. 77 (26,835 VPD), just S of U.S. 77’s intersection with U.S. 287 (47,620 VPD)
  • Adjacent to Waxahachie Global HS (400 Enroll.), Waxahachie ISD Admin (1,100 Empl.), Waxahachie Sport Complex
  • 1.5-Mile Radius: Southwestern Assemblies of God University  (2,000 Enroll.), Waxahachie HS (1,722 Enroll.)
  • 3-Mile 2015 estimated population: 28,334 | 3-Mile Average household Income:  $63,755
  • Dallas – Fort Worth – Arlington MSA: 4th Largest MSA in the US | Population: 6,526,548

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