Attractive Pricing & Yield: Offered at $1,600,000, the asset delivers a 7.50% capitalization rate, presenting a compelling risk-adjusted return relative to comparable net-leased investments.
Recent Lease Extension: The tenant has recently executed a lease extension, evidencing long-term commitment to the location and reinforcing income durability.
Experienced, Multi-Unit Operator: Operated by Multi Management, one of the largest franchisees within the Jiffy Lube system with 70+ locations and more than 30 years of operating experience. The group maintains a strong regional presence across Maryland, Delaware, Pennsylvania, and New Jersey, with continued expansion underway.
Nationally Recognized Brand: Jiffy Lube, a subsidiary of Shell Oil Company, is a leading provider of oil changes with more than 2,800 independently operated locations throughout North America, supporting sustained consumer demand and brand recognition.
Dense Demographic Profile: The property is positioned within a densely populated trade area, serving approximately 390,167 residents within a five-mile radius.
Strong Retail Synergy: Located in proximity to established national retailers including McDonald’s, Shell, Chesapeake Car Wash, Subway, and Domino’s, driving consistent consumer traffic and cross-shopping activity.
E-Commerce & Recession-Resistant Use: Quick lube services are necessity-driven and generally insulated from e-commerce disruption and broader economic cycles, supporting stable long-term tenancy.
Potential Tax Advantages: Quick lube properties may qualify for accelerated depreciation schedules, including potential bonus depreciation benefits (investors should consult their tax or accounting professional for specific guidance).