Jiffy Lube North Richland Hills, TX

5619 Rufe Snow Drive
North Richland Hills, TX

Price: $2,758,000
Cap Rate: 5.10%
NOI: $140,674
Building Size: Approx. 5,646 Sq. Ft.
Lot Size: Approx. 0.5 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built / Renovated: 1998 / 2015

Investment Overview

  • 2015 Renovation. 4,000+/- SF Building on 0.50+/- Acre Site
  • 13.5 Yrs remaining on 20 Yr Corporate Abs. NNN Lease that is Guaranteed by Shell Oil
  • Subject Lease has 10% Rent Increases Every 5 Years | Perfect Hedge Against Inflation
  • Subject Property Situated Along High-Traffic Rufe Snow Dr. Near TX-820 (131K VPD)
  • Beneficial Proximity to DFW International Airport (63.4 Million Annual Travelers)
  • Near Dutch Bros, WinCo, Home Depot, Chick-fil-A, Whataburger, Chipotle, etc.
  • North Richland Hills | 15 Min from Downtown Fort Worth | Population: 70,000+