Jiffy Lube

Listed for $852,000 yielding a cap rate of 7.50%.
Bite-Size Deal – well-below Jiffy Lube national average rent increases the store’s profitability and probability of renewal.
Retail Synergy – Kroger, McDonald’s, Bob Evans, Napa Auto Parts, Burger King, Lowe’s, Arby’s, and More.
Recent Extension demonstrates the tenant’s commitment to the location.
Abs. NNN lease with zero landlord responsibilities.
Team Car Care is the #1 Jiffy Lube operator in the country with ±400 units, which provides security of income.
Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and a subsidiary of Shell Oil Company, Jiffy Lube boasts more than 2,100 outlets led throughout North America that are all independently owned by operators.
Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule **Consult your tax or accounting professional for more information.
Ecommerce & Recession-Proof Investment – Quick lube sector is not heavily affected by changes in the economy.

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