9420 Ulmerton Rd
Largo, FL 33771
Jiffy Lube: Largo, FL · Retail Property For Sale

• Corporately Guaranteed: 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 Jiffy Lube brand which is 100% franchised. • Long-Term Absolute NNN Lease: New 20-year corporately guaranteed absolute NNN lease—No Landlord responsibilities. • Attractive Rent Escalations: 10% rent increases every 5 years throughout the initial term and in each of the four 5-year option periods. • Strategic Location: Jiffy Lube is positioned within the area’s primary retail and commercial corridor which is comprised of 6.4 MSF of retail, 12.2 MSF of industrial, 4.2 MSF of office and 13,400 multifamily units. The area’s retail core is highlighted by the Largo Mall (1 mile west of the site) which features over 70 shops and includes a diverse range of tenants such as Target, Bealls, Bed Bath & Beyond, Marshalls, Michaels, PetSmart and Staples. Additional tenants within the immediate area include Walmart Neighborhood Market, Home Depot, Lowes, Regal Largo movie theater, Walgreens, Family Dollar, Plato’s Closet, Dollar Tree, Advanced Auto Parts, Chili’s, Olive Garden, Chipotle, Panera Bread, Chick-fil-A, Domino’s, Popeye’s, Taco Bell, Starbucks, McDonald’s and IHOP, among many others. A brand-new shopping center featuring All Pro Auto Service and Tire, Pool Perfection, ExtGenTuning, Just for Kix Dance Studio, The Teehive Custom Apparel, and CrossFit West Chase was recently constructed just one block from the site along Ulmerton Road. • Excellent Access and Visibility: Located just 20 miles west of Tampa’s CBD, the property is ideally situated with excellent access and visibility along Ulmerton Road (57,000 VPD), which provides direct access to U.S 19 (119,000 VPD) just 3 miles east of the site.