Jiffy Lube – NNN – Lakeland, FL
- Price: US $1,382,570
- Property Type: Free Standing (1 Tenant)
- Occupancy: 100%
- CAP: 75%
- Building Area: 2,040 SF = 189 m2
- Lot: 17,250 SF = 1,602 m2
- NOI: US $79,497/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: Jiffy Lube is located at 3365 S. Florida Ave. in Lakeland,Florida. Lakeland is the largest city in Polk County. Lakeland is along Interstate-4 about 45 minutes from both Tampa and Orlando.