Jiffy Lube North Richland Hills, TX

5619 Rufe Snow Dr
North Richland Hills, TX

Price: $2186000
Cap Rate: 5.85%
NOI: $127,886
Building Size: Approx. 5646 Sq. Ft.
Lot Size: Approx. 0.5 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built / Renovated: 1998 / 2015

Investment Overview

  • 5,646+/- SF Building on 0.50+/- Acre Site | Renovated in 2015
  • New 20-Year, Corporate NNN Lease with 10% Rent Bumps every 5-Years
  • Located along Rufe Snow Dr (43,000 VPD), just N of Interstate 820 (185,000 VPD)
  • Near Walmart, Home Depot, 24 Hour Fitness, Chase, Discount Tire, Starbucks, & McDonald’s
  • Area Attractions: Fort Worth Stockyards | Cowboys Stadium | Rangers Ball Park | Six Flags Over Texas
  • North Richland Hills was named “Top 100 Places to live in America” – Money Magazine
  • 3-Mile 2015 estimated population: 122,362 | 3-Mile Average Household Income:  $69,184
  • Dallas – Fort Worth – Arlington MSA: 4th Largest MSA in the US | Population: 6,526,548

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