Jiffy Lube – Austin, TX

Jiffy Lube
10300 N Lamar Blvd, Austin, TX 78753, USA

Sands Investment Group is pleased to exclusively offer for sale the 1,742 SF Jiffy Lube NNN Asset located at 10300 N Lamar Boulevard in Austin, TX. This deal includes a rare fee simple Triple Net (NNN) Lease opportunity along North Lamar Boulevard, one of Austin’s most established retail corridors, offering investors ownership of highly desirable infill real estate. The property is leased to Jiffy Lube and is guaranteed by Team Car Care East, an experienced operator with more than 230 locations, and the tenant recently extended its commitment through January 31, 2032.

  • Irreplaceable North Lamar Boulevard Real Estate: Opportunity to acquire fee simple real estate along one of Austin’s most established retail arteries, where net lease ownership opportunities are extremely limited.
  • Experienced 230+ Unit Jiffy Lube Operator: Lease is guaranteed by Team Car Care East, one of the nation’s largest Jiffy Lube operators with more than 230 locations.
  • Recent Lease Extension Through January 2032: Jiffy Lube recently extended its commitment to the location through January 31, 2032, showing continued confidence in the site.
  • Dense Austin Demographics: 139,071 residents within 3 miles of the property with an average household income of $95,000+.
  • Triple Net (NNN) Lease: Tenant is responsible for all property-level expenses, including taxes, insurance, common area maintenance, repairs, and roof and structure, providing investors with a truly passive ownership structure.

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Jiffy Lube
10300 N Lamar Blvd, Austin, TX 78753, USA

Jiffy Lube

Jiffy Lube International, Inc. is a leading provider of preventive automotive maintenance, serving over 19 million customers annually across North America. Founded in 1979, the company pioneered the fast-oil-change industry and operates a vast network of service centers offering oil changes, tire rotations, brake services, and fluid inspections. Jiffy Lube operates as a wholly owned, indirect subsidiary of Shell plc (NYSE: SHEL), leveraging its parent company’s global footprint and premium Pennzoil products across 2,000+ locations.

Price

$2,356,160

Cap Rate

5.00%

PREMISES

1,742 SF

YEAR BUILT

1986

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

01/31/2032

Lease Type

NNN

RENTAL INCREASES

10% Every 5 Years

BROKERS

List with SIG

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