Offered at $2,922,000 with a 6.75% Cap Rate: Provides investors with an attractive yield backed by a stable, long-term lease and minimal landlord responsibilities.
Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow: The tenant’s execution of a new 15-year lease at closing underscores long-term commitment to the site and ensures immediate, durable cash flow with zero landlord obligations.
Built-in Rental Escalations – 10% Every 5 Years: Structured rent increases every five years offer a reliable hedge against inflation and support growing returns over the hold period.
Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation, enhancing after-tax returns. Buyers are advised to consult their tax advisor for specific guidance.
Recession-Resistant, E-Commerce-Resilient Asset Class: The quick lube sector is insulated from economic volatility and online disruption, as oil changes remain a recurring, in-person necessity.
Prime Retail Corridor with National Co-Tenancy: Strategically positioned near major national retailers including Kroger, The Home Depot, Walmart, TJ Maxx, Academy Sports, Petco, and Big Lots, enhancing consumer traffic and location value.
Experienced and Nationally Recognized Operator: Leased to Allied Lube Group, one of the largest and most established Jiffy Lube franchisees, operating 70+ locations nationwide with a track record of more than 30+ years in business.