1430 Cornwall Ave
Bellingham WA 98225

Jiffy Lube - Bellingham

1430 Cornwall Ave Bellingham WA 98225

Listing #: 711872 | Status: Available | Last Modified: 7/10/2026 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,215,000.0
  • $/SF$ 316.4
  • Listing StatusAvailable
  • Days on Market80
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF3840
  • Net Rentable Area3840
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF11383
  • Acres0.26
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyWhatcom
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaWhatcom County
  • Tax ID #75314
  • Additional Parcels
  • ZoningUV
Construction
  • Year Built1965
  • Year Renovated2004
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Jiffy Lube | Abs. Net Lease

Public Comments

We have been selected to exclusively market for sale the #1 ranked Jiffy Lube in Bellingham, WA; ranked in the top 16% of all Jiffy Lube locations nationally (per Placer.ai). The property has been secured by an absolute net lease with zero landlord responsibilities since 2004 and has more than 6 years remaining on a 10-year lease extension signed in 2022, with rare 3% annual rent increases. With a current rent of just $16.88/SF NNN — well below the $30+/SF NNN market rate for quick lube properties — the investment offers low operating cost for the tenant significant future rental upside for the landlord. The property is operated by Team Car Care, the largest Jiffy Lube franchisee in the US with 500+ locations nationwide. Originally built as a quick lube facility in 1965, the site has operated successfully as a Jiffy Lube for more than 20 years, with Team Car Care acquiring operations in 2022 and demonstrating continued long-term commitment to the location. Situated at the signalized hard corner of Cornwall Ave and Champion Street (10,600+ VPD) in downtown Bellingham, the property offers prominent signage and easy ingress and egress from both streets. The surrounding trade area includes 155,000+ residents within 10 miles with average household incomes exceeding $102,000, supported by approximately 7% population growth since 2020 — making Bellingham one of the fastest-growing secondary markets in Washington.

Listing Images