130 S Dale Mabry Hwy
Tampa, FL 33609
Retail Property For Sale
Investment Highlights
- Sale-Leaseback with Ten Year Triple-Net Lease Term Upon Closing
- Jiffy Lube is a Strong and Well Recognized National Automotive Services Industry Brand
- Secure Revenue Stream Backed By an Established and Profitable Franchisee, and Real Assets
- This Property is a Jiffy Lube Multi-Care Site
- Strong Guarantor: Atlantic Coast Enterprises Operates 64 Stores in Three States, with 750 Employees
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
About 130 S DALE MABRY HWY , TAMPA, FL 33609
Marcus & Millichap is pleased to offer for sale Jiffy Lube located at 130 S Dale Mabry Hwy in Tampa, Florida. Jiffy Lube is the leading provider of automotive maintenance services in the country with more than 2000 locations nationwide. The tenant, Atlantic Coast Enterprises (ACE), is one of the largest and most experienced Jiffy Lube franchisees in the US. ACE will execute lease amendments with ten year base term upon closing. The acquisition of this property offers the investor a secure stream of passive income which is guaranteed by one of the largest, most experienced and profitable Jiffy Lube franchisees in the country. The investor is further secured by the fee simple ownership of the real estate as well as the opportunity to enhance cash flow by depreciating the property improvements. It is possible that the subject property is eligible for accelerated 15-year depreciation vs. the typical 39-year depreciation schedule for commercial properties. [Please consult with a Certified Public Accountant with real estate expertise to determine the eligibility of the subject assets to be depreciated under an accelerated schedule.]
Property Taxes
| Parcel Number | A-21-29-18-3MA-000003-00009.0 | Improvements Assessment | $119,050 |
| Land Assessment | $744,550 | Total Assessment | $863,600 |
Property Taxes
