Jiffy Lube - Rosedale, MD (Baltimore MSA)
7.50% CAP RATE | ABS. NNN | 70+ UNIT OPERATOR
Marketing description
Matthews™ is pleased to present a automotive investment opportunity—Jiffy Lube in Rosedale, MD, located in the Baltimore MSA. The property is operated by Multi Management, a large multi-unit franchisee within the Jiffy Lube system with 70+ locations and 30+ years of operating experience. The tenant recently executed a lease extension, demonstrating continued commitment to the site.
Strategically positioned along Kenwood Avenue with approximately ±20,900 vehicles per day, the property benefits from strong visibility. The surrounding area features a complementary mix of national and regional retailers including McDonald’s, Shell, Subway, Domino’s, and Advance Auto Parts.
Jiffy Lube, a subsidiary of Shell Oil Company, is one of the most recognized brands in the quick-service automotive industry, operating more than 2,100 locations across North America. Investors may also benefit from potential accelerated depreciation opportunities commonly associated with quick-lube properties (buyers should consult their tax professional for details).
Investment highlights
- Listed for $1,600,000 yielding a cap rate of 7.50%.
- Abs. NNN Lease with zero landlord responsibilities.
- Recent Extension from tenant demonstrates commitment to the building.
- Lube Management (70+) is one of the largest operators in the Jiffy Lube system with 30+ years operating experience. They have built a loyal customer base operating in MD, DE, PA, NJ (and actively expanding).
- Dense Demographics -- ±370k population in a 5-mi radius.
- Strong Retail Synergy -- McDonald's, Shell, Chesapeake Car Wash, Subway, 7-Eleven, and More.
- Bonus Depreciation – Quick lube properties may be eligible for an accelerated depreciation schedule **Consult your tax or accounting professional for more information.
- Ecommerce & Recession-Proof Investment - Quick lube industry is not heavily affected by changes in the economy.
- Jiffy Lube is the National Leader in Quick Lube: A leading provider of oil changes and a subsidiary of Shell Oil Company, Jiffy Lube boasts more than 2,100 outlets led throughout North America that are all independently owned by operators.
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