1219 Tri View Ave. Sioux City, IA 51103


The lease is guaranteed by Allied Lube Texas LP, one of the top Jiffy Lube. A 20 year lease with 10% increases every 5 years and three (3) five (5) year options. 

Agent(s) Involved: Shawn Jass
Agency/Representation: Buyer

Transaction Details

Status: Closed
COE Date: 1/1/2009
Price: $377,500
Cap Rate: 9%
Tenant(s): Jiffy Lube
Year Built: 1985
Bldg. Size: 3,200 SF
Lot Size: 17,285 SF
NOI: $30,000
Lease Term 20year NNN
Renewal Options: Three (3) Five (5) Year Terms