Jiffy Lube in Apple Valley, California

For Sale

Offering Memorandum

Complete the following form to download the offering memorandum:




BrokerInvestor

Overview

Overview

  • price: $1,200,000
  • cap rate: 5.5%
  • sale type: sale-leaseback with 10 year initial term
  • building size: 1,320 sf
  • lot size: 10,821 sf

Highlights

  • Excellent visibility along US Highway 18
  • Strong franchisee with over 33 locations
  • Excellent store sales
  • Internet proof

Property Description

SVN – Rich Investment Real Estate Partners is proud to present 18737 US Highway 18 in Apple Valley, California. This property is a sale lease back opportunity which includes a 1,320 square foot single tenant Jiffy Lube with two service bays. The property will have a 10 year lease with five, five year options with 10% increases every five years on lease term and options. The lease is corporately guaranteed by Najjar Lube Centers Inc, a Jiffy Lube Franchisee with 33 locations.

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. SVN®, Sperry Van Ness®, and Sperry Van Ness Commercial Real Estate Advisors® are registered service marks of Sperry Van Ness International Corporation.

All Sperry Van Ness® Offices Independently Owned and Operated

Related Projects