Jiffy Lube

Listed for $3,696,000 Yielding a Cap Rate of 6.00%.
Absolute NNN Lease Has Zero Landlord Responsibilities.
Corporate Guarantee – Backed by Jiffy Lube International (a Wholly-Owned Subsidiary of Royal Dutch Shell With a Market Cap Of ±$212 Billion).
Long-Term Lease of 10+ Years Provides Security of Income.
Newer Construction in 2020.
Growing & Affluent Demographics – ±8.6% Annual Population Increase in a 1-Mi Radius and ±$131,000 Avg. HH Income.
Neighbor to Texas Motor Speedway — Host of Year-Round Events Including Nascar Cup Series Races With a Stadium Capacity of ±75,000.
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.
Retail Synergy — Firestone, Chipotle, Buffalo Wild Wings, In-N-Out Burger, Starbucks, Whataburger, Chick-Fil-A, and More.
MultiCare Store Model – Offers a Wider Range of High-Demand Services, Including Brakes, Tires, Batteries, Diagnostics, and Other Preventative Maintenance—While Maintaining the Brand’s Core Convenience-Driven, No-Appointment Service Model.
Income Tax-Free State of Texas.

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