Recently Exercised Option demonstrates the tenant’s long-term commitment to the location and continued operational success.
12.5% Rent Increases provide a built-in hedge against inflation and support strong long-term income growth.
Absolute Triple-Net (NNN) Lease structure ensures zero landlord responsibilities, providing a truly passive investment.
Industry-Leading Operator: Team Car Care is the #1 Jiffy Lube franchise in the United States with 400+ locations, providing strong operational backing and income security.
Strategically Located Near the University of Louisiana Monroe, a public university with approximately 9,000 students, driving consistent traffic and demand for affordable vehicle maintenance services.
National Brand Recognition: Jiffy Lube, a subsidiary of Shell Oil Company, operates 2,100+ locations across North America, making it the leader in the quick lube industry.
Multicare Service Model: This location provides comprehensive vehicle maintenance services beyond traditional oil changes, including batteries, brakes, filters, fluids, inspections, suspension, tires, glass, and engine services.
Excellent Accessibility: The property features multiple access points from both Ferrand Street and Sterlington Road, allowing for convenient customer entry and exit.
Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation benefits (consult your tax or accounting professional for details).
E-Commerce and Recession Resistant: Quick lube services are essential and non-discretionary, making the sector historically resilient to economic downturns and insulated from e-commerce disruption.
Strong Retail Synergy: Surrounding national retailers include McDonald’s, Starbucks, Circle K, Chase Bank, Wendy’s, Taco Bell, Domino’s, Zaxby’s, and more, creating strong traffic and visibility.