Jiffy Lube - Wilmington, DE

Jiffy Lube Portfolio — available together or separate. Two properties on co-terminus leases offer diversification on bite-size deals. Other location: 3725 Kirkwood Hwy, Wilmington, DE 19808.
Abs. NNN Lease with zero landlord responsibilities.
Corporate Guaranty – backed by Jiffy Lube International (a wholly-owned subsidiary of Royal Dutch Shell with a market cap of ±$212 billion).
Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and boasts more than 2,100 outlets led throughout North America that are all independently owned by operators.
30+ Years of Operating History as a Jiffy Lube — mature store with a proven track record of success in the community.
Recent Extension — tenant recently exercised their option (at FMV) demonstrating commitment to the location. (Contact broker for more details)
Scheduled Rent Increase next Option provides security of income.
Tax Benefits – Auto service properties may be eligible for 100% bonus depreciation (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
Heavy Traffic Volume — ±47,000 vehicles per day on Concord Pike.
High Income Demographics — ±$148,000 avg HH income in a 1-mi radius of the property.

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