Jiffy Lube

Listed for $1,383,000 yielding a cap rate of 5.35%.
Abs. NNN Lease offers a passive ownership structure for any investor.
Team Car Care is the #1 Jiffy Lube Operator in the country with 400+ locations providing security of income.
Rent Increases – 10% increases every 5 years provide an effective hedge against inflation, preserving and growing income over the lease term.
Long Term Lease of 12+ years provides strong security of income.
Temple, TX – A growing Central Texas market with a strong and diverse economic base anchored by Baylor Scott & White Medical Center, one of the largest employers in the region, providing a stable consumer base with consistent demand for essential automotive services.
Ecommerce & Recession-Proof Investment – Quick lube is an essential, in-person automotive service not replicable online and historically resilient across economic cycles.
Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule. **Consult your tax or accounting professional for more information.
Income Tax-Free State of Texas.
Recent Lease Extension & Long-Term Operating History demonstrate tenant’s commitment to the location
Cheaper Rent compared to Jiffy Lube’s national average improves the tenant’s profitability and likelihood of renewal.

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