JIFFY LUBE

INVESTMENT HIGHLIGHTS

• Listed for $1,053,000 yielding a cap rate of 7.50%.
• Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities.
• Corporate Guarantee – Backed by Jiffy Lube International, a subsidiary of Shell, Inc. provides a strong security of income.
• Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and a subsidiary of Shell Oil Company. Jiffy Lube boasts more than 2,000 outlets led throughout North America that are all independently owned by operators.
• Overage Rent – Owner receives additional income when sales exceed their threshold.
• Positioned on Sandy Blvd – Primary throughway extending across city of Portland.
• Brand New Renovation – Recent remodel in 2020 converting to Jiffy Lube’s new Multicare® store model.
• Ecommerce & Recession-Proof Investment – Quick lube sector is not heavily affected by changes in the economy.
• Strong Demographics – ±88,000 population in a 3-mile radius.
• Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule

**Consult your tax or accounting professional for more information