Jiffy Lube

• Listed for $1,179,000 yielding a cap rate of 7.00%.
• Store Performance (84th Percentile Nationally) – Ranked 335 of 2,076 Jiffy Lube locations based on foot traffic.
• Team Car Care is the #1 Jiffy Lube Operator in the country with 400+ locations — provides security of income.
• Continued Operation of 20+ Years from the tenant demonstrates commitment to the location.
• Absolute NNN Lease with zero landlord responsibilities.
• Retail Synergy – Walmart Supercenter, Staples, Bob Evans, Wendy’s, 7 Brew, and more.
• Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
• Bonus Depreciation – Quick lube properties may be eligible for an accelerated depreciation schedule **Consult your tax or accounting professional for more information.
• Ecommerce & Recession-Proof Investment – Quick lube industry is not heavily affected by changes in the economy.
• Proximate to Genesis Hospital – one of the largest hospitals in the region with 300+ physicians and a major employer in the community.
• Heavy Traffic Volume – +/- 24,000 vehicles per day on Maple Ave.
• Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and a subsidiary of Monomoy Capital Partners, Jiffy Lube boasts more than 2,100 outlets led throughout North America that are all independently owned by operators.