Jiffy Lube
- New Sale/Leaseback- Absolute NNN Lease – Single Tenant Jiffy Lube – Alexandria, VA
- Recently Extended Absolute NNN Jiffy Lube in Major Retail Corridor-
Tremendous Balance Sheet - Top Jiffy Lube Franchisee- STC Management LLC (19+ Locations and Growing) throughout the Northern Virginia – Suburban Maryland with plans for many more
- Strong Sales surpassing Pre-COVID Levels- Jiffy Lube has been Committed Since 2008
- 10% Rent Bumps every 5 Years- 13.5+ Years Remaining on Base Term with 2-5 Year Option Periods
- High-Profile PAD to Target & Lowe’s- Located Along Richmond Hwy which boasts
over 62,000 VPD - RARE Washington DC MSA Asset- near Beacon Center Shopping Center (Home Goods, Marshalls, Lowe’s, Giant Food, Party Depot)
- Some of the Best Demographics in U.S.- 5 Mile Population: 371,350-
5 Mile AHHI: $150,950+