Business News1888 Press Release • Hanley Investment Groups Sells Single-Tenant NNN Jiffy Lube for $1.75 Million in Indio, CA

Hanley Investment Groups Sells Single-Tenant NNN Jiffy Lube for $1.75 Million in Indio, CA

Hanley Investment Groups Sells Single-Tenant NNN Jiffy Lube for $1.75 Million in Indio, CA

Edward B. Hanley and William B. Asher of Hanley Investment Group represented the seller in the sale of a single-tenant NNN Jiffy Lube in Indio, Calif., for $1,750,000, representing a 6.8% cap rate. The 4,000-square-foot single-tenant Jiffy Lube is a pad building situated on a 0.81-acre parcel of land within a Stater Bros. anchored shopping center at 81088 Highway 111.

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Hanley Investment Groups Sells Single-Tenant NNN Jiffy Lube for $1.75 Million in Indio, CA
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