2725 Tamiami Trl
Punta Gorda, FL 33950
Jiffy Lube: Punta Gorda, FL · Retail Property For Sale

• Corporately Guaranteed Lease: Jiffy Lube is the largest oil-change chain in the United States, with 2,000+ franchise locations serving more than 20 million customers annually. Founded in 1979 and currently headquartered in Houston, TX, Jiffy Lube International, Inc., the Tenant under the Lease, is a wholly-owned, indirect subsidiary of Shell Oil Company and serves as the franchisor for the 100% franchised Jiffy Lube brand. • Brand New Long-Term Absolute NNN Lease: 20 years of primary term and four 5-year renewal options. The lease features no Landlord responsibilities. • Attractive Rent Escalations: 10% rent increases every 5 years throughout the initial term and option periods. • Constructed and Recently Renovated: The offering consists of two buildings. One building was recently renovated, and the second building was constructed in 2019. • Strategic Location: Jiffy Lube is directly adjacent to Busey Bank and Towles Plaza, which is occupied by Flechsig Insurance Agency, Curves, Sherwin-Williams and Tropical Trends, among several others.