Jiffy Lube Manitowoc, WI

4656 Calumet Avenue
Manitowoc, WI

Price: $3,178,000
Cap Rate: 5.60%
NOI: $177,964
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 0.75 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,042+/- SF Building on 0.86+/- Acre Site
  • 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Strategically Located at the Intersection of I-43 and U.S. 151
  • Near Lowe’s, Meijer, Harley Davidson, AMC, Walmart, Kwik Trip, ALDI
  • Strong Income Demographics w/ est. $69,758 within a 1-Mile Radius
  • Manitowoc  |  Known as Wisconsin’s Maritime Capital  |  Population: 33,000+