Property History
CLICK HERE FOR COMPLETE OFFERING MEMORANDUM: https://bit.ly/JiffyLube-Vineyard
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
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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