Auto Service - Gas-Conv
Jiffy Lube
4316 W Gandy Blvd, Tampa, FL 33611
Listing Price: $2,102,054
Investment Overview
Marcus & Millichap is pleased to present the valuation of Jiffy Lube located at 4316 West Gandy Boulevard in Tampa, Florida. Built in 1982, The property is a 2,399 square foot, 3 bay store situated on 0.25 acres. Situated on a main thoroughfare throughout Henderson County’s Submarket, traffic counts exceed 46,000 Vehicles Per Day.
Located on West Gandy Boulevard, Jiffy Lube is surrounded by national retailers including Publix, Walmart, McDonalds, and Starbucks, just to name a few. The population growth within a 3 mile radius plans to increase nearly 9% by 2029, along with an approximate 10% household growth respectively.
Jiffy Lube is currently on a 20 year base term with 8 years remaining. Rent increases 7.5% Every 5 Years, with an Absolute NNN lease structure boasting no landlord responsibilities throughout, and Three (3) - 5 Year Options for renewal upon expiration of the base term. Jiffy Lube has currently 2,200 operating store locations and continuing to grow as a nationally recognized oil change brand.
Investment Highlights
- Absolute NNN Lease Structure - No Landlord Responsibilities
- 7.5% Rental Increases every 5 Years
- Franchisee with over 65 locations across 3 states
Exclusively Listed By
Financing By
Listing Price: $2,102,054
Investment Highlights
- Absolute NNN Lease Structure - No Landlord Responsibilities
- 7.5% Rental Increases every 5 Years
- Franchisee with over 65 locations across 3 states
Investment Overview
Marcus & Millichap is pleased to present the valuation of Jiffy Lube located at 4316 West Gandy Boulevard in Tampa, Florida. Built in 1982, The property is a 2,399 square foot, 3 bay store situated on 0.25 acres. Situated on a main thoroughfare throughout Henderson County’s Submarket, traffic counts exceed 46,000 Vehicles Per Day. Located on West Gandy Boulevard, Jiffy Lube is surrounded by national retailers including Publix, Walmart, McDonalds, and Starbucks, just to name a few. The population growth within a 3 mile radius plans to increase nearly 9% by 2029, along with an approximate 10% household growth respectively. Jiffy Lube is currently on a 20 year base term with 8 years remaining. Rent increases 7.5% Every 5 Years, with an Absolute NNN lease structure boasting no landlord responsibilities throughout, and Three (3) - 5 Year Options for renewal upon expiration of the base term. Jiffy Lube has currently 2,200 operating store locations and continuing to grow as a nationally recognized oil change brand.
Exclusively Listed By
Financing By

