Jiffy Lube

2725 Tamiami Trail, Punta Gorda, FL
Deal Type:
Net Lease
Price:
$3,246,511
Cap Rate:
4.50%
Current Rent:
$146,093
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 17.5 years
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
3,570 SF
Rent Increases:
10% every 5 years
Site Size:
0.62 Acres
  • jiffy lube stream capital partners
  • jiffy lube stream capital partners
  • jiffy lube stream capital partners
  • jiffy lube stream capital partners

Investment Highlights

  • Long-Term Absolute NNN Lease with over 17.5 Years Remaining on the Base Term
  • Asset Qualifies for Bonus Depreciation
  • Corporate Guarantee – Jiffy Lube International Inc. (wholly owned subsidiary of Shell Oil Company, with assets in excess of$96 billion dollars)
  • Tremendous Growth in Punta Gorda – 20% YOY Population Growth
  • Located on Main Thoroughfare between Ft Myers and Sarasota (30,000 VPD)
  • Highly Affluent Market – Household Income in Excess of $100,000

Listing Agents

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Phil DiGennaro

Managing Director
203 610 1541
Phil@stream-cp.com

Jonathan Wolfe, Lic # BK3502717

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