Jiffy Lube

Listed Price & Cap Rate: Listed for $1,269,000 yielding a cap rate of 6.50%.
Top Franchisee: Team Car Care is the #1 Jiffy Lube Operator in the country with 400+ locations — provides security of income.
Long-Term Operation: Continued Operation of 20+ Years from the tenant demonstrates commitment to the location.
Absolute NNN Lease: Absolute NNN Lease with zero landlord responsibilities.
Retail Synergy: Retail Synergy — Walmart Supercenter, Staples, Bob Evans, Wendy’s, 7 Brew, and more.
Rent Increases: 10% increases every 5 years provide effective hedge against inflation.
Bonus Depreciation: Quick lube properties may be eligible for an accelerated depreciation schedule. Consult your tax or accounting professional for more information.
Ecommerce & Recession-Proof: Quick lube industry is not heavily affected by changes in the economy.
Proximity to Hospital: Proximate to Genesis Hospital – one of the largest hospitals in the region with 300+ physicians and a major employer in the community.
High Traffic Volume: Heavy Traffic Volume — +/- 24,000 vehicles per day on Maple Ave.
National Brand Leader: 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.

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