Jiffy Lube – Bellevue, NE

Jiffy Lube
2908 Samson Way, Bellevue, NE 68123, USA

Sands Investment Group is pleased to present the exclusive opportunity to acquire a 3,137 SF Jiffy Lube Absolute NNN in Bellevue, Nebraska. The property is secured by an Absolute Triple Net (NNN) Lease with 6.7 years remaining, plus four 5-year renewal options featuring scheduled 10% rental increases.

This property qualifies for accelerated and partial 100% bonus depreciation. This powerful tax advantage allows investors to significantly accelerate depreciation write-offs through cost segregation, unlocking immediate after-tax returns that enhance the overall investment yield.

This property is leased to Team Car Care West, the nation’s largest Jiffy Lube franchisee with 292 locations nationwide, providing investors with long-term stability and reliable income. With minimal direct competition, strong underlying real estate fundamentals, and substantial tax benefits, this asset represents a premier opportunity to acquire a stable Jiffy Lube in a growing market.

  • Bonus Depreciation Opportunity: Eligible for accelerated and partial 100% bonus depreciation through cost segregation. Buyers must consult their tax advisors for specific guidance.
  • Long-Term Absolute Triple Net (NNN) Lease: 6.7 years remaining with four 5-year renewal options, providing passive, hands-off income.
  • Strong Tenant: Leased to Team Car Care West, the largest Jiffy Lube franchisee in the US with 292 locations nationwide.
  • Long-Term Tenancy: Jiffy Lube has been successfully operating at this location since 2012, demonstrating consistent performance and stability.
  • Strategic Location: Less than 2 miles from Offutt Air Force Base, Nebraska’s largest employer, with $2.6 billion annual economic impact.
  • Excellent Visibility & Access: Located directly off State Highway 370 with exposure to over 37,000 vehicles per day (VPD).
  • High-Density & Affluent Demographics: Over 141,800 residents within 5 miles and an average household income exceeding $104,000.

 

In Cooperation With Sands Investment Group Charleston, LLC BoR: Chris Sands – Lic. NE #20200769

Jiffy Lube
2908 Samson Way, Bellevue, NE 68123, USA

TEAM CAR CARE, LLC

Team Car Care, LLC (split into Team Car Care East and West), doing business as Jiffy Lube, is the largest Jiffy Lube franchisee in the United States, operating over 550 service centers across 26 states as of 2025. Headquartered in Irving, Texas, the company employs more than 2,500 team members and serves millions of customers annually. Formerly known as Heartland Automotive Services, Team Car Care has grown through strategic acquisitions and organic expansion to become the dominant operator in the quick-lube industry. The company provides a wide range of automotive preventive maintenance services—including oil changes, tire rotations, brake services, batteries, and inspections—under the trusted Jiffy Lube Multicare® brand. As a key franchisee of Jiffy Lube International (a subsidiary of Shell plc), Team Car Care emphasizes customer convenience, operational excellence, and employee development.

JIFFY LUBE

Founded over 40 years ago, Jiffy Lube serves approximately 20 million customers each year at more than 2,000 franchised service centers across North America. Jiffy Lube pioneered the fast oil change industry in 1979 by establishing the first drive-through service bay, providing customers with fast, professional service for their vehicles. The company continues to lead the industry with the evolution of its business model, Jiffy Lube Multicare, which offers oil changes, batteries, and tires, as well as other services consumers want and need. Headquartered in Houston, Jiffy Lube is a wholly owned, indirect subsidiary of Shell USA, Inc

Price

$1,728,237

Cap Rate

7.15%

PREMISES

3,137 SF

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

05/25/2032

Lease Type

Absolute NNN

RENTAL INCREASES

10% Every 5 Years

List with SIG

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