115 E Van Buren St
Avondale, AZ 85323
Jiffy Lube · Retail Property For Sale
Investment Highlights
- Brand New 20 Year Absolute NNN Lease – Jiffy Lube – Zero Landlord Responsibilities
- 55+ Locations with Additional Set to Open – Excellent Track Record in Arizona
- 7.00% Rental Increases Every 5 Years Including the 2, 5 Year Options
- Experienced Franchisee Operator – Phoenix Lubrication Services, Inc
- Long Term Operating History at this Location of 30+ Years – Exceptionally Well Maintained Property
Property Facts
About 115 E VAN BUREN ST , AVONDALE, AZ 85323
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a brand new 20 year absolute NNN lease, single tenant Jiffy Lube investment with 7.00% rental increases every 5 years. The Tenant, Phoenix Lubrication Services, Inc. is an experienced franchisee and currently operates ~55 locations across the state of Arizona. Located in Avondale, AZ, this exceptionally well maintained property is positioned on E Van Buren St (29,000+VPD) and the Tenant has just elected to execute a brand new 20 year term which further speaks to the strength of this retail location. This is an excellent opportunity to acquire a very well maintained, 20 year absolute NNN lease investment, operated by an experienced franchisee, with zero landlord responsibilities.
Property Taxes
| Parcel Number | 500-10-001S | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $68,194 |
Property Taxes
