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Jiffy Lube Triple NNN Net Lease Automotive Georgia

Jiffy Lube | Stone Mountain, GA
Make an Offer
Investment Offering

Tenant: Jiffy Lube | Stone Mountain, GA
Premises: 2,024 SF
Renewal Options: None

Lease Expiration: 9/30/2033
Lease Type: NNN
Rental Increases: 5% Every 3 Years


Sands Investment Group is Pleased to Exclusively Offer For Sale the Jiffy Lube Triple NNN Net Lease Investment Opportunity Located at 1247 S Hairston Road in Stone Mountain, Georgia.

  • Long Term 13 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • With the Rental Increase of $68,250 Starting 10/01/2021, the Cap Rate Will Adjust to 6.37%
  • Strong 158+ Unit Franchisee Guarantee
  • Adjacent to the Crowe’s Crossing Shopping Center Located Along S Hairston Road Which Has a Traffic Count of Over 25,500 VPD
  • Dense Residential Area With a Population of Over 255,149 Residents Making an Average Household Income of $64,788 Within a 5-Mile Radius
  • Location Has Easy Access to Loop 285 and Downtown Atlanta (16-Miles) and is Also 20-Miles From Hartsfield-Jackson Atlanta International Airport
  • Stone Mountain Park, Home to the World’s Largest Single Piece of Exposed Granite, is Just 7-Miles Away and is the Most Visited Destination in Georgia; The Park Offers Trails, Museums, Scenic Railroad, Laser & Fireworks Shows, Riverboat Cruises, Camping and Much More
  • The 1996 Summer Olympic Games’ Tennis, Archery, and Track Cycling Were Held in Stone Mountain Park
  • Nearby Tenants Include: Kroger, Wendy’s, Dollar General, Papa John’s, Popeyes, Walgreens, Chevron, BP, Wells Fargo, Pizza Hut, Family Dollar and Zaxby’s

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Jiffy Lube International, Inc. (“Jiffy Lube”), has more than 2,200 franchised service centers in North America and serves approximately 20 million customers each year. Jiffy Lube pioneered the fast oil change industry in 1971 by establishing the first drive-through service bay, providing customers with fast, professional service for their vehicles.

In June 2011, Jiffy Lube introduced a new program called Oil Change Schedule (OCS). The new program allows Jiffy Lube customers to choose how often they have their oil changed based on a number of variables including vehicle manufacturer recommendations, driving habits, and road conditions. The OCS program moves away from the old model of changing oil every 3,000 miles and provides a schedule that is unique for each driver. This new program has helped the company receive thousands of new clients.

Today the company is headquartered in Houston, Texas and the company is a subsidiary of Royal Dutch Shell since 2002. Royal Dutch Shell PLC, commonly known as Shell, is a British-Dutch oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. It is one of the oil and gas “supermajors” and the third-largest company in the world measured by 2018 revenues (and the largest based in Europe). In the 2019 Forbes Global 2000, Shell was ranked as the ninth-largest company in the world (and the largest outside China and the United States), and the largest energy company.

Area Overview

Jiffy Lube | Stone Mountain, GA

1247 S Hairston Road - Stone Mountain, GA 30083

Contact Broker for Details

Status: Sold

Jiffy Lube | Stone Mountain, GA

Jess Kappelman

512.856.7719
jess@SIGnnn.com

Kyle Carlisle

512.806.1021
kcarlisle@SIGnnn.com

Andrew Ackerman

770.626.0445
aackerman@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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