JIFFY LUBE

Long-term lease stability – The tenant executed a lease extension commencing in November 2023, securing ±8 years of remaining term. This long-term commitment underscores the operator’s confidence in both the site and local market fundamentals.
Absolute NNN lease structure – The asset is subject to an absolute triple-net lease, with the tenant responsible for all taxes, insurance, and maintenance. This structure offers investors a passive, management-free income stream.
Annual rent escalations – The lease includes 2.5% annual rent increases throughout the base term and option periods, providing built-in income growth and an effective hedge against inflation.
Strong demographics and strategic location – The property serves a dense trade area of ±148,885 residents within a ±1-mile radius, with average household incomes approaching $89,792. Its proximity to Hunter Army Airfield and position within one of Savannah’s premier retail corridors drive consistent foot traffic and strong cross-shopping patterns.
High visibility along major thoroughfare – Located near I 516, the property benefits from daily traffic counts exceeding ±57,000 vehicles, enhancing tenant exposure and supporting long-term operational success.
Ecommerce-resistant, recession-resilient use – Automotive maintenance services remain unaffected by ecommerce disruption and represent a recurring, essential need. The quick lube sector has demonstrated resilience across economic cycles, offering investors reliable cash flow.
Dynamic regional economy – Savannah’s economy is fueled by the Port of Savannah—the nation’s largest single-terminal container facility—as well as a diverse industrial base and a tourism sector attracting ±18 million visitors annually, generating over $4.4 billion in economic output.

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Broker of Record

Maxx Bauman