Tenant: Jiffy Lube Premises: 2,404 SF Renewal Options:
Lease Expiration: 2/28/2022 Lease Type: Modified NN Rental Increases: CPI Every 5 Years
~4 Years Remaining on a Modified NN Lease
The Tenant of this Location, Jiffy Fast Lube Colorado Springs LLC, is a Subsidiary of Griffin Fast Lube Inc. a Franchisee that Operates 50 Jiffy Lube Service Centers in Utah, Nevada and Colorado
Dense Population of 250,983 Within a 5-Mile Radius
Annual Average Daily Traffic Count of Over 32,000
Located 0.9 Miles Away from I-25 with a Traffic Count of 128,000 AADT
7 Minutes to Downtown Colorado Springs, which Includes Monument Valley Park, Pikes Peak Railway, Shopping and Eateries
Major Tenants Nearby Include: Walgreens, McDonald’s, Sonic, Arby’s, Jimmy John’s, Subway, Taco Bell, Burger King, Little Caesars, Cricket Wireless, T-Mobile, K-Mart, Advance Auto Parts, AutoZone and More
Jiffy Lube International, Inc. (“Jiffy Lube”), with more than 2,000 franchised service centers in North America, serves approximately 20 million customers each year. 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. More than 20,000 technicians who have completed an extensive training program certified by the National Institute Automotive Service Excellence (ASE) nurse vehicles at Jiffy Lube.
Headquartered in Houston, Jiffy Lube is a wholly owned, indirect subsidiary of Shell Oil Company.
Griffin Fast Lube, LLC operates as a franchisee of Jiffy Lube International. The company offers vehicle maintenance and repair services. The company operates 50 Jiffy Lube service centers in Utah, Nevada, and Colorado. The company was founded in 1999 and is based in Ogden, Utah.