1945 S Country Club Dr
Mesa, AZ 85210
Jiffy Lube · Retail Property For Sale

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a single tenant NNN short term leased Jiffy Lube in Mesa, AZ. Jiffy Lube is the leading provider of automotive preventative maintenance with over 2,000 franchisee owned service centers across the country. Phoenix Lubrication Services, Inc., the largest franchisee in Arizona, operates over 50 locations across Arizona and has been in business for over 30 years. The absolute NNN lease has approximately 2.4 lease years remaining in the primary term with three 5-year option periods and 10% rent increases every 5 years.
The building is strategically located on the hard corner signalized intersection of Country Club Drive and West Baseline Road which sees 84,595 VPD, is adjacent to Highway 60 (Superstition Highway), and is 30 minutes from downtown Phoenix (MSA population exceeding 4.85 million). Nearby retailers include Costco, Walmart Supercenter, The Home Depot, WinCo, Fry’s, 7-Eleven, McDonald’s, Popeyes, Carl’s Jr. and Wendy’s. The property has a population of over 425,000 people living within a 5-mile radius and an average household income of approximately $94,353. This is an amazing opportunity to purchase an irreplaceable location with an absolute NNN leased quick oil change.