Jiffy Lube – Yakima, WA

Jiffy Lube
301 South 1st Street, Yakima, Washington, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,315 SF Jiffy Lube NN Asset Located at 301 South 1st Street in Yakima. This Property Qualifies For 100% Bonus Depreciation, a Tax Advantage That Allows Investors to Accelerate Write-Offs Through Cost Segregation. The Lease is Backed By an Experienced 80+ Unit Jiffy Lube Franchisee With a Strong Regional Footprint, Making This a Compelling Opportunity For Investors Seeking Both Tax Efficiency and Long-Term Stability.

  • Backed By an Experienced 80+ Unit Jiffy Lube Franchisee With a Strong Regional Footprint
  • Priced at $893,538 With a 6.50% CAP, Offering Attractive Yield Under the $1M Mark
  • Tenant Has Operated at This Location Since 1984, Reflecting Long-Term Performance and Site Commitment
  • Eligible For Bonus Depreciation, Allowing Investors to Accelerate Tax Benefits Through Cost Segregation
  • Located in a Supply-Constrained Market With Limited New Retail Development and High Barriers to Entry

 

BoR: Marianne Christian – Lic. WA #12244

Jiffy Lube
301 South 1st Street, Yakima, Washington, USA

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, brakes, 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

$893,538

Cap Rate

6.50%

PREMISES

2,315 SF

RENEWAL OPTIONS

None

Lease Expiration

12/31/2032

Lease Type

NN

RENTAL INCREASES

None

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