Jiffy Lube Cape Girardeau, MO

889 North Kingshighway Street
Cape Girardeau, MO

Price: $2,567,000
Cap Rate: 5.60%
NOI: $143,729
Building Size: Approx. 6,812 Sq. Ft.
Lot Size: Approx. 1.42 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2021

Investment Overview

  • 2021 Renovation. 6,812+/- SF Building on 1.42+/- Acre Site
  • 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Strategically Located in the Heart of Cape Girardeau Along Highway 55 (33k VPD)
  • Near Dollar General, Walmart, Harbor Freight Tools, ALDI, Ace Hardware
  • Strong Income Demographics w/ est. $64,555 within a 5-Mile Radius
  • Located 1.5 Miles from Southeast Missouri State University (12,000+ Students)
  • Cape Girardeau  |  Largest City Between St. Louis & Memphis  |  Population: 39,000+