Jiffy Lube - $200,000 Price Reduction

Listing Jiffy Lube – $200,000 Price Reduction Price:$2,500,000 Status:For Sale is pleased to present for sale a 4,500-square foot Jiffy Lube located in La Quinta, California. The property is leased to Heartland Automotive Services, Inc. under a 15-year triple net lease with close to 10 years remaining on the initial term. The lease includes two percent annual rent increases, three five-year options to extend and a personal guaranty. The tenant is the largest Jiffy Lube franchisee and the largest independent quick lube operator in the United States, operating over 570 Jiffy Lube locations from coast to coast.

Jiffy Lube - $200,000 Price Reduction