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$ 2,660,000 |$ 2,872,000

Jiffy Lube

Automotive  

Cap Rate 5.94% | 5.50% | SF 2,805 | Term 14.0
Chino, CA 92880
  • New construction

  • Build to suit

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Jiffy Lube has 15+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised several Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. As of 2023, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. As of December 31, 2023, Shell has a market cap of $214.73B and a reported revenue of $316.61B. The company is headquartered in London, England.

...

$ 0 |$ 779,325

Jiffy Lube

Automotive  

| 8.25% | SF 3,200 | Term 4.8
Marksville, LA 71351
  • Build to suit

  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Long operation history

  • Favorable NN+ lease

  • Top franchise operator

  • ...
  • Jiffy Lube has been operating in this location for 14 years
  • The tenant has 5+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 12.5% rental increases at the start of each option period
  • Favorable NN+ lease with landlord is responsible for 50% of roof & structure repairs and replacement
  • Property includes an attached apartment creating bonus income
  • Lease guaranteed by Team Car Care, LLC (550 units backed)
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised several Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. As of 2023, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. As of December 31, 2023, Shell has a market cap of $214.73B and a reported revenue of $316.61B. The company is headquartered in London, England.

Team Car Care, dba Jiffy Lube, is the largest franchisee of quick lube retail service stores in the country. Operating More than 550 Jiffy Lube locations from coast to coast and serving nearly 5 million guests each year with over 5,000 professional service advisors.

...

$ 1,742,000

Jiffy Lube

Automotive  

Cap Rate 6.67% | SF 1,670 | Term 0.8
Mesa, AZ 85210
  • Signalized intersection

  • Build to suit

  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • 50+ unit franchisee backed

  • ...
  • Jiffy Lube has 2+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Phoenix Lubrication Services, Inc. (50 units backed)
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 50
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised several Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. As of 2023, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. As of December 31, 2023, Shell has a market cap of $214.73B and a reported revenue of $316.61B. The company is headquartered in London, England.

...

$ 1,325,000 |$ 1,382,857

Jiffy Lube

Automotive  

Cap Rate 7.31% | 7.00% | SF 2,566 | Term 8.4
Havertown, PA 19083
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Long 10+ yr lease

  • Accelerated depreciation

  • 50+ unit franchisee backed

  • ...
  • Jiffy Lube has been operating in this location since 2004
  • The tenant has 9+ years remaining on the current lease term
  • The lease features 10% rental increases throughout the initial term
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Multi-Management, Inc. (60 units backed)
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 60
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised several Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. As of 2023, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. As of December 31, 2023, Shell has a market cap of $214.73B and a reported revenue of $316.61B. The company is headquartered in London, England.

Based in York, Pennsylvania, and led by president Bob Falter, Multi-Management, Inc. operates 60 Jiffy Lubes as well as a top-five ranked Mighty Auto Parts franchise. They recently expanded by acquiring the license rights to distribute Mighty products in an adjacent territory. Their second franchise, Mighty of Eastern Pennsylvania, will now service the Greater Philadelphia area. In the past, the franchise was recognized as an outstanding franchisee, receiving the Harold Burney Memorial Award in recognition of their dedication to Jiffy Lube International.

...

$ 1,521,150

Jiffy Lube

Automotive  

Cap Rate 7.00% | SF 2,500 | Term 7.1
Glenwood, IL 60425
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Top franchise operator

  • ...
  • Jiffy Lube has been operating in this location for over 20 years
  • Tenant has 9+ years remaining on the current lease term with 1 (10-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Team Car Care the largest quick lube franchisee in the country
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 0 |$ 1,577,480

Jiffy Lube

Automotive  

| 6.75% | SF 2,188 | Term 7.1
Crestwood, IL 60445
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Top franchise operator

  • ...
  • Jiffy Lube has been operating in this location for over 20 years
  • Tenant has 9+ years remaining on the current lease term with 1 (10-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Team Car Care the largest quick lube franchisee in the country
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 0 |$ 2,716,000

Jiffy Lube

Automotive  

| 6.25% | SF 4,042 | Term 13.2
Anderson, SC 29626
  • New construction

  • Hard corner intersection

  • Build to suit

  • Highway location

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • Jiffy lube recently signed a brand mew 15-year lease with 5 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes, and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised several Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. As of 2023, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.


Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it has ranked within the top 10 of the Fortune Global 500. Shell has operations in over 99 countries, and over 44,000 service stations. As of December 31, 2023, Shell has a market cap of $214.73B and a reported revenue of $316.61B. The company is headquartered in London, England.

...

$ 1,450,000 |$ 1,557,000

Jiffy Lube

Automotive  

Cap Rate 5.91% | 5.50% | SF 3,039 | Term 10.8
Memphis, TN 38133
  • Build to suit

  • High traffic 50M+ VPD

  • Freeway close

  • Highway location

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Top performing store

  • Investment grade tenant

  • Top franchise operator

  • ...
  • Ranked #3 Highest Performing Jiffy Lube in the State
  • Jiffy Lube has 13 years remaining on its current lease term with 4 (5-year) options to extend
  • The lease features 8% rent increases every 5 years
  • Below market replaceable rent
  • Absolute NNN | Zero replacement cost
  • Largest Jiffy Lube franchisee in the U.S.- Team Car Care East, LLC operates over 520 locations
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 520
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 2,028,977

Jiffy Lube

Automotive  

Cap Rate 6.45% | SF 1,780 | Term 1.4
Orlando, FL 32807
  • Build to suit

  • In location for years

  • High traffic 50M+ VPD

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • 25+ unit franchisee backed

  • ...
  • Jiffy Lube has been operating in this location for over 16 years
  • The tenant has 3+ years remaining on its current lease term with 4 (5-year) options to extend
  • The lease features 3% rental increases annually
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee guaranteed by South Bay Lube, Inc.
  • Income tax free state
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 31
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 875,000 |$ 927,900

Jiffy Lube

Automotive  

Cap Rate 7.42% | 7.00% | SF 2,220 | Term 2.9
Hendersonville, TN 37075
  • Build to suit

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Jiffy lube has a 15+ year operating history at this location
  • Tenant recently exercised their first option & has 5 years of base term remaining
  • Lease has 1 (5-year) option remaining that includes a 7.4% rental increase
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NYSE: SHEL)
  • Jiffy Lube is an investment grade tenant (S&P AA-)
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 2,324,000

Jiffy Lube

Automotive  

Cap Rate 6.00% | SF 3,025 | Term 11.11
Broken Bow, OK 74728
  • New construction

  • Build to suit

  • Major thoroughfare

  • Near major nationals

  • Highway close

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • Jiffy Lube recently signed a new 15-year lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years starting in year 6 in the primary term and year 16 in options
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 1,812,500 |$ 3,055,000

Jiffy Lube

Automotive  

Cap Rate 9.27% | 5.50% | SF 3,296 | Term 17.5
Vineyard, UT 84057
  • New construction

  • Build to suit

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • New development zone

  • Population increase trend

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • ...
  • Brand-new 2023 construction
  • Brand-new 20-year lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years
  • Absolute NNN lease with zero landlord responsibilities
  • Corporate guaranteed lease by SRE Corporation (29 units)
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 29
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance, batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.

Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 3,137,000 |$ 3,356,500

Jiffy Lube

Automotive  

Cap Rate 5.35% | 5.00% | SF 3,353 | Term 11.11
Tallahassee, FL 32308
  • New construction

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense retail corridor

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New 2023 construction
  • Brand-new 15-year lease with 5 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term and at each option period
  • Absolute NNN with zero landlord responsibilities
  • Corporate guarantee by Shell plc (NYSE: SHEL)
  • Jiffy Lube is an investment grade tenant (S&P: A+)
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance,  batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.


Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 3,200,000 |$ 3,203,883

Jiffy Lube

Automotive  

Cap Rate 5.16% | 5.15% | SF 4,300 | Term 17.0
Kalamazoo, MI 49009
  • New construction

  • Near major nationals

  • Strategically located

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • New 2022 construction
  • Brand-new 20 year lease with 4 (5-year) options to extend
  • Lease features 10% rental inceases every 5 years throughout the initial term and at each option period
  • Absolute NNN with zero landlord responsibilities
  • Corporate guarantee by Shell plc (NYSE: SHEL)
  • Jiffy Lube is an investment grade tenant (S&P: A+)
  • Tenant Jiffy Lube
  • Guarantor Corp T and Rated
  • #Units 2,169
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance,  batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.


Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 1,300,000 |$ 1,391,000

Jiffy Lube

Automotive  

Cap Rate 6.15% | 5.75% | SF 2,177 | Term 7.10
Tucson, AZ 85741
  • Build to suit

  • In location for years

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Accelerated depreciation

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • Top franchise operator

  • ...
  • Tenant has 11 lease years remaining with 4 (5-year) options to extend
  • Lease features rental increase of 8% in year 4 & at the beginning of each option period
  • Team Car Care (Previously Heartland Automotive Services) operates over 550 Locations from coast to coast and is the largest franchisee of quick lube service stores in the country
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc. is an American chain of automotive oil change specialty shops, founded in 1971. The company has been a subsidiary of Shell PLC since 2002. Jiffy Lube has more than 2,000 franchised locations in North America independently owned by 252 operators, with about 24 million customers each year. They offer a wide range of services from oil changes to batteries, breaks and tire repair and replacement. Jiffy Lube is headquartered in Houston, TX.

Shell Corporation has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). It is one of the oil and gas "supermajors" and by revenue and profits is one of the largest companies in the world. Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2021 Shell’s revenue was $261B. The company is headquartered in London, England.

...

$ 1,384,615 |$ 1,666,667

Jiffy Lube

Automotive  

Cap Rate 6.50% | 5.40% | SF 4,831 | Term 11.8
South Bend, IN 46614
  • Build to suit

  • Major MSA

  • Low rent to sales ratio

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Personal guarantee

  • Investment grade tenant

  • 25+ unit franchisee backed

  • ...
  • Tenant has 15 years remaining in their initial lease term with 4 (5-year) options to extend
  • The lease features 10 % rental increases every 5 years beginning in lease year 5 and throughout options to extend
  • Triple net lease presents zero landlord responsibilities
  • Experienced Jiffy Lube operator, Jiffy Lube of Indiana, a 51-unit operator with $50 million in revenue
  • Guaranty from Hoosier Automotive (28-units), the most robust entity under Jiffy Lube of Indiana
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 28
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc. is an American chain of automotive oil change specialty shops, founded in 1971. The company has been a subsidiary of Shell PLC since 2002. Jiffy Lube has more than 2,000 franchised locations in North America independently owned by 252 operators, with about 24 million customers each year. They offer a wide range of services from oil changes to batteries, breaks and tire repair and replacement. Jiffy Lube is headquartered in Houston, TX.

Shell Corporation has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). It is one of the oil and gas "supermajors" and by revenue and profits is one of the largest companies in the world. Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2021 Shell’s revenue was $261B. The company is headquartered in London, England.

...

$ 1,538,462 |$ 1,785,714

Jiffy Lube

Automotive  

Cap Rate 6.50% | 5.60% | SF 1,956 | Term 11.8
Indianapolis, IN 46219
  • Build to suit

  • Major thoroughfare

  • Top 100 MSA

  • Low rent to sales ratio

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Personal guarantee

  • Investment grade tenant

  • 25+ unit franchisee backed

  • ...
  • Tenant has over 14.5 years remaining in their initial lease term with 4 (5-year) options to extend
  • The lease features 10 % rental increases every 5 years beginning in lease year 5 and throughout options to extend
  • Triple net lease presents zero landlord responsibilities
  • Experienced Jiffy Lube operator, Jiffy Lube of Indiana, a 51-unit operator with $50 million in revenue
  • Guaranty from Hoosier Automotive (28-units), the most robust entity under Jiffy Lube of Indiana
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 28
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc. is an American chain of automotive oil change specialty shops, founded in 1971. The company has been a subsidiary of Shell PLC since 2002. Jiffy Lube has more than 2,000 franchised locations in North America independently owned by 252 operators, with about 24 million customers each year. They offer a wide range of services from oil changes to batteries, breaks and tire repair and replacement. Jiffy Lube is headquartered in Houston, TX.

Shell Corporation has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). It is one of the oil and gas "supermajors" and by revenue and profits is one of the largest companies in the world. Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2021 Shell’s revenue was $261B. The company is headquartered in London, England.

...

$ 1,343,237 |$ 1,412,000

Jiffy Lube

Automotive  

Cap Rate 7.10% | 6.75% | SF 4,000 | Term 0.10
Pittsburgh, PA 15237
  • Build to suit

  • In location for years

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Absolute NNN

  • Accelerated depreciation

  • 100+ unit franchisee backed

  • Personal guarantee

  • ...
  • Jiffy Lube has been operating at this location since 2006
  • Tenant recently exercised a five-year option through December 2026
  • Strong franchisee guarantee: Pittsburgh Lubes, Inc. – A subsidiary of Lucor, Inc. which operates 158 Jiffy Lubes across six states
  • The tenant has 2 (5-year) option periods with annual rent increases subject to CPI
  • Absolute NNN lease
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 158
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc. is an American chain of automotive oil change specialty shops, founded in 1971. The company has been a subsidiary of Shell PLC since 2002. Jiffy Lube has more than 2,000 franchised locations in North America independently owned by 252 operators, with about 24 million customers each year. They offer a wide range of services from oil changes to batteries, breaks and tire repair and replacement. Jiffy Lube is headquartered in Houston, TX. Shell Corporation has a primary listing on the London Stock Exchange (LSE:SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE:SHEL). It is one of the oil and gas "supermajors" and by revenue and profits is one of the largest companies in the world. Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2021 Shell’s revenue was $261B. The company is headquartered in London, England.

...

$ 3,450,000

Jiffy Lube

Automotive  

Cap Rate 5.22% | SF 2,079 | Term 16.4
Gainesville, VA 20155
  • Build to suit

  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Strong tenant synergy

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • ...
  • Jiffy Lube has been committed to the location since 2006
  • The tenant has approximately 17+ years remaining on their current lease term with 2 (5-year) options to extend
  • The lease features 5% rental increases at the beginning of each option period
  • STC Management LLC., currently operates 19 locations throughout Northern Virginia & Suburban Maryland, and has plans to open more
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 19
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance,  batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.


Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

$ 0 |$ 3,757,000

Jiffy Lube

Automotive  

| 5.75% | SF 3,734 | Term 15.4
Lyon Charter Township, MI 48165
  • Build to suit

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 15+ yr lease

  • Store sales reported

  • Traded and rated company

  • Personal guarantee

  • Investment grade tenant

  • ...
  • The tenant, Jackson Teton Automotive Group, LLC, dba Jiffy Lube, recently signed a new lease with approximately 18.5 years remaining on their current term and 8 (5-year) options to extend
  • The lease features 10% of base rent increases every 5 years during the initial term, and at the beginning of each option period
  • Jackson Teton Automotive Group, LLC (“JTAG”) is the franchise operator of Jiffy Lube Michigan
  • JTAG is an expanding franchisee with multiple Jiffy Lube locations in Michigan and Ohio
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 3
  • Moody's/S&P Aa2/ A+
  • Stock NYSE: SHEL

Jiffy Lube International, Inc., dba Jiffy Lube, is an automotive service chain offering oil changes and various other services. Besides oil changes, Jiffy Lube facilities offer a wide range of services including air-conditioning, fuel systems and transmission maintenance,  batteries, brakes and tire repair and replacement. The first Jiffy Lube store was established in Ogden, Utah in 1971. Over the following years, Washburn franchised a number of Jiffy Lube stores within Utah. In 2002, the company was acquired by Shell, from its former parent company, Pennzoil-Quaker State. In 2022, Jiffy Lube had more than 2,000 franchised locations in North America independently owned, with over 20 million customers each year. Jiffy Lube is headquartered in Houston, TX.


Shell plc is a British multinational oil and gas company. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Shell has a primary listing on the London Stock Exchange (LSE: SHEL) and secondary listings on Euronext Amsterdam and the New York Stock Exchange (NYSE: SHEL). Since 2020 it ranks within the top 10 of the Fortune global 500. Shell has operations in over 99 countries, and over 44,000 service stations. In 2022, Shell’s revenue was over $381B. The company is headquartered in London, England.

...

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