JIFFY LUBE

INVESTMENT HIGHLIGHTS

PROPERTY

• NN Lease – Landlord responsible for all structural and roof maintenance and replacements, HVAC repairs and maintenance, and parking lot repairs and maintenance.
• Attractive Potential Tax Benefits – Oil change facility may qualify for 15 years accelerated depreciation schedule **Consult your tax or accounting professional to see how this will apply to you
• Attractive building, High-Quality block construction

LOCATION

• Matteson, IL an affluent Southern suburb of Chicago, the 3rd most populous MSA in the country according to the 2010 Census
• Ideally located in dense and busy trade area – over 165,000 people within a 5-mile radius and traffic counts that exceed ± 18,000 vehicles per day on Cicero Ave
• Strong Retail Synergy – makes this property the convenient quick lube location for the Matteson community
• National retailers in the vicinity include Home Depot, IHOP, Aldi, PetSmart & etc.

TENANT

• Nationally Recognized Tenant – Jiffy Lube is the largest and most well known quick-lube company in North America with over 2,200 locations serving approximately 20 million customers each year
• Recession and E-Commerce – Having a service-based tenant provides landlords with the highest degree of protection against a rapidly changing retail landscape
• Strong Lease Guarantor and Operator – Heartland Automotive – Jiffy Lube’s largest franchisee with over 535 locations