Jiffy Lube

Listed for $1,534,000: Yielding a 6.00% cap rate, delivering strong immediate cash-on-cash returns for net lease investors.
Recent Lease Extension: Demonstrates tenant commitment to the location and long-term operational stability.
Team Car Care – Largest Jiffy Lube Operator: Team Car Care is the largest Jiffy Lube operator in the country with 400+ locations, providing institutional-quality tenancy.
Annual Rent Increases: Built-in escalations help hedge against inflation and support predictable cash flow growth.
Rapidly Growing Area: ±10.1% annual population increase in a 1-mile radius, driving sustained demand for essential auto services.
Absolute NNN Lease: True absolute NNN structure with zero landlord responsibilities—ideal for passive, hands-off ownership.
Jiffy Lube – National Quick Lube Leader: A leading provider of oil changes and a subsidiary of Shell Oil Company, Jiffy Lube operates more than 2,100 outlets across North America, 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: The quick lube sector remains resilient and minimally affected by economic cycles or e-commerce disruption.
Larger 4-Bay Multicare® Model: Expanded service offering beyond oil changes, including brakes, transmissions, tires, battery, inspections, fluids, filters, glass, and more—creating diversified revenue streams for the tenant.
±0.70 Acre Parcel: Generous lot size providing operational flexibility and future value potential.
Heavy Traffic Volume: ±23,000 vehicles per day on Date Palm Dr., ensuring excellent visibility and customer access.

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David Harrington