Jiffy Lube – NNN – Tampa, FL

• Price: US $1,362,675
• Property Type: Free Standing (1 Tenant)
• Occupancy: 100%
• CAP: 75%
• Building Area: 1,200SF = 111m2
• Lot: 18,750SF = 1,742m2
• NOI: US $78,353/annual
• Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
• Contract Terms: 15 Years Contract
• Increases: 5% increase every 5 years
• Extensions: 6 – 5  years options.
• Guarantor: Franchisee – Atlantic Coast Enterprises (One of the largest and most experienced Jiffy Lube franchisees in the US. Operates 62 stores in 3 States with 750 Employees)              
• Extra: Jiffy Lube is a strong and well recognized National Automotive Services Industry Brand with More than 2000 locations nationwide.
• Location: Located on N.Dale Mabry Hwy a major north and south artery of Tampa, Florida which has an average daily traffic count of 68,500.