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Jiffy Lube
Glendale, AZ 85308
Long Term NNN- Recession Proof Tenant · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,282 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.53 AC
Zoning
C-2, Glendale - Commercial
Parking
10 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
120’ on Bell
Amenities
- Signage
About JIFFY LUBE , GLENDALE, AZ 85308
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant absolute NNN investment that is 100% leased as a Jiffy Lube with approx. 11 years remaining. The Tenant, Phoenix Lubrication Services, Inc. currently operates 51 locations with 4 additional stores scheduled to open. Exceptionally well located on W. Bell Road; the subject property offers investors attractive 7% rental increases every 5 years providing inflation hedge and rapid increase in NOI. This is an excellent opportunity to acquire a proven single tenant retail asset, operated by an experienced franchisee, with approximately 11 years remaining on the base term, favorable rental increases and zero landlord responsibilities.
Property Taxes
| Parcel Number | 200-52-012G | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $111,843 |
Property Taxes
Parcel Number
200-52-012G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$111,843
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