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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

221 N GENEVA RD Orem UT 84059

[Locked] • APN 40-513-0002

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Details
Property Type Retail
Sub Type Auto Shop
Building SqFt 3,296
Year Built 2023
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
APN 40-513-0002
Latitude 40.3011
Longitude -111.7338

Property History

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Property Type
Property Type
Retail
Property Subtype
Auto Shop
Marketing Description

CLICK HERE FOR COMPLETE OFFERING MEMORANDUM: https://bit.ly/JiffyLube-Vineyard

Investment Highlights
  • Single-Tenant Jiffy Lube Multicare™

    • Absolute NNN lease; zero landlord responsibilities

    • 20-year lease term with four 5-year options

    • 10% rent increases every five years

  • New 2023 Construction / Multicare® Concept: The latest prototype with expanded service offerings attract a broader customer base and increase revenue streams

  • Extremely Limited Competition: Benefits from no competition with other Jiffy Lube or national brands in Vineyard

  • Largest Oil-Change Chain in the United States: 2,000+ locations serving more than 20 million customers annually

  • Vineyard is the Fastest Growing Community in Utah: 400% population growth since 2010

  • Surrounded by Hundreds of Acres of New Commercial and Residential Construction

    • Utah Valley University - 240-acre Vineyard campus expansion

    • “The Yard” – new mixed-use development with Topgolf (Opened Dec 2022), Megaplex luxury cinema (13 screens, 3,000 guest capacity), medical office, and national retailers & restaurants

  • Excellent Accessibility Off Interstate 15 (197,845 CPD): The main north/south thoroughfare connecting the subject property to Salt Lake City and Provo

  • Provo-Orem MSA: Ranked “#1 Best Performing City” by Milken Institute three years in a row (2023, 2022, 2021)

#10 “Best U.S. Cities for Job Opportunity & Earning Potential” – Business Insider (2023)

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
BV
Beau Velten PRO
•••.•••.7692
•••lten@••••••.com
Brokerage logo
Listing removed on
 BY:
JL
Jeff Lefko PRO
•••.•••.7682
••efko@••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
BA
Bill Asher PRO
•••.•••.7684
••sher@••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
EH
Ed Hanley PRO
•••.•••.7677
•••nley@••••••••••••••••.com
Brokerage logo

Map

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