Broker of Record Kyle Matthews License No. 1001860 (NV) Matthews Retail Group, Inc. 841 Apollo Street. Suite 150, El Segundo, CA 90245 (310) 919-5757
Absolute Triple-Net Lease (NNN) – No Landlord Maintenance Investment
E-commerce and recession proof investment
Phenomenal Escalation Structure – 2% Annual Increases provide rare hedge against inflation & enables compounding annual interest
Attractive Tax Benefits – Auto service-based assets may be eligible for an accelerated depreciation schedule **Consult your tax or accounting professional to see how this will apply to you.
Excellent Retail Synergy – located in a premiere trade area with many national retailers in close proximity such as AutoZone, Pep boys, Tractor Supply, McDonald’s, Bank of America, etc..
Ideally located off of E Prater Way that sees roughly 15,000 VPD and is less than 1-Mile from N McCarran Blvd which is one of the main thoroughfares in Sparks, NV. Extremely Dense population in surrounding area with roughly 215,000 people in the 5-mile radius and experienced growth of about 13% in the last 10 years signifying long-term stability
Healthy Demographics – Average household income is roughly $60,000 in the 5-Mile radius
Jiffy Lube is the largest and most well-known fast-lube company in North America with over 2,200 locations.
Operated by Griffin Fast Lube – one of the largest franchisees in the Jiffy Lube system operating roughly 75 locations (Griffin was named Operator of the year in 2018 by National Oil & Lube News)