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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
Freestanding
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

Property Taxes

Parcel Number
200-52-012G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$111,843
  • Listing ID: 13354327

  • Date on Market: 8/1/2018

  • Last Updated:

  • Address: Jiffy Lube, Glendale, AZ 85308

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