1840 E 151st St
Carmel, IN 46033
Jiffy Lube · Retail Property For Sale

The 2,000 square foot property is located within a primary retail trade corridor immediately off of Highway 31 (49,200 VPD), which is a primary north-south thoroughfare. The Jiffy Lube property is located directly across the street from Target and is adjacent to a Walmart Supercenter anchored shopping center. Additional retailers in the corridor include Hobby Lobby, Kohl’s, Best Buy, Dick’s Sporting Goods, LA Fitness, Menards, Regal, Lowe’s and The Fresh Market. The property is also located near Carmel High School (5,286 students), Carmel Elementary School and Ascension St. Vincent Carmel Hospital (153 beds) which drives continual traffic to the trade corridor. Carmel has a highly educated and affluent population and is often cited as one of the Best Places to Live in America by Money Magazine. There are 134,803 people living within five miles of the property with an average household income of $138,244. The tenant, Hoosier Automotive Services, LLC, is an experienced Jiffy Lube operator throughout the state of Indiana and Illinois. Hoosier Automotive Services, LLC is one of the leaders in the Jiffy Lube franchisee system and has won many awards, including being named the 2015 Jiffy Lube “Franchisee of the Year”. Hoosier Automotive Services, LLC currently operates approximately 50 locations. Jiffy Lube is an American brand of automotive oil change specialty shops founded in Utah in 1971. It has been a subsidiary of Dutch Shell Oil since 2002, and is headquartered in Houston, Texas. Jiffy Lube consists of more than 2,000 franchised service centers throughout North America and Canada, serving approximately 24 million customers each year. Jiffy Lube service centers are 100% franchise-owned, independently owned and operated by 252 entity groups.