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7025 Seminole Blvd
Seminole, FL 33772
Jiffy Lube · Retail Property For Sale
PROPERTY FACTS
ABOUT 7025 SEMINOLE BLVD , SEMINOLE, FL 33772
Marcus & Millichap is pleased to offer for sale Jiffy Lube located at 7025 Seminole Blvd in Seminole, 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 | 27-30-15-00000-430-0600 | Improvements Assessment | $213,383 |
| Land Assessment | $546,617 | Total Assessment | $760,000 |
PROPERTY TAXES
