Auto Service - Gas-Conv
Jiffy Lube Ground Lease
1414 W Bell Rd, Phoenix, AZ 85023
Listing Price: $1,264,810
Investment Overview
Jiffy Lube is a leading provider of automotive preventive maintenance. With a national footprint of more
than 2,000 franchisee owned service centers across the country, Jiffy Lube offers a range of services from
oil changes and tire rotations, to everything in between. Besides oil changes, Jiffy Lube facilities provide
maintenance services for air conditioning, fuel systems, and transmissions. At some of its locations, it also
performs inspections and emissions testing, repairs windshields, and rotates tires. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th largest metropolitan area.
Jiffy Lube Ground Lease
Investment Highlights
- Four Years Remaining on Triple-Net (NNN) Ground Lease
- 3 Percent Annual Increase with Multiple Renewal Options
- Excellent Frontage and Accessibility Along West Bell Road (38,000+ Cars per Day), a Major East-West Arterial Road Serving the Northern Phoenix MSA
- 331,609 Residents within a Five-Mile Radius
- Average Household Income Exceeds $82,000 in the Immediate Area
Listing Price: $1,264,810
Investment Highlights
- Four Years Remaining on Triple-Net (NNN) Ground Lease
- 3 Percent Annual Increase with Multiple Renewal Options
- Excellent Frontage and Accessibility Along West Bell Road (38,000+ Cars per Day), a Major East-West Arterial Road Serving the Northern Phoenix MSA
- 331,609 Residents within a Five-Mile Radius
- Average Household Income Exceeds $82,000 in the Immediate Area
Investment Overview
Jiffy Lube is a leading provider of automotive preventive maintenance. With a national footprint of more than 2,000 franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Besides oil changes, Jiffy Lube facilities provide maintenance services for air conditioning, fuel systems, and transmissions. At some of its locations, it also performs inspections and emissions testing, repairs windshields, and rotates tires. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11th largest metropolitan area.
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