Jiffy Lube
Brand New 20 Year Absolute NNN Lease – Zero Landlord Responsibilities
• Exceptionally Well Maintained Property – Long Term Passive Income
Coupon Clipper Asset
• 7.00% Rental Increases Every 5 Years Including the 2, 5 Year Options
• Experienced Franchisee Operator – Phoenix Lubrication Services, Inc.
• 55+ Locations with Additional Set to Open – Excellent Track Record in Arizona
• Long Term Operating History at this Location of 30+ Years
Close Proximity to I-10 Freeway
• Over 162,000 VPD at the Intersection of I-10 and Dysart Rd
• Positioned on E Van Buren St (Main East/West Thoroughfare) – Over 29,000 VPD
• Nearby National Retailers: The Home Depot, Sam’s Club, Food City, Walgreens,
McDonald’s, Circle K, Wells Fargo
City of Avondale, AZ
• Nike Just Acquired a ~$70M Manufacturing Facility (July 2019) 1 Mile from
the Subject Property
– The New Facility will Bring Over 500 Full-Time Jobs & Generate $480M+ in Economic Impact
• Microsoft to Build 3 New Data Centers in Western Phoenix Valley
(Goodyear & El Mirage) – Est. Economic Impact of $20M
– The Fortune 100 Company Investment in the Area will Bring 110 New Jobs
to the Area
• AHHI of $73,500+ within a 3 Mile Radius
• High Growth Area – Over 20% Growth in Population (2010-2019)
within a 3 Mile Radius
• Over 8% Population Growth Expected Through 2024 within a 3 Mile Radius