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1864 Main St
Ramona, CA 92065
Jiffy Lube: Ramona, CA · Retail Property For Sale
PROPERTY FACTS
About 1864 Main St , Ramona, CA 92065
• Corporately Guaranteed: Jiffy Lube is the largest oil-change chain in the United States, with 2,000+ franchise locations serving more than 20 million customers annually. Founded in 1979 and currently headquartered in Houston, TX, Jiffy Lube International, Inc., the Tenant under the Lease, is a wholly-owned, indirect subsidiary of Shell Oil Company and serves as the franchisor for the Jiffy Lube brand which is 100% franchised. • Long-Term Absolute NNN Lease: New 20-year lease with four 5-year renewal options will commence in March 2019—No Landlord responsibilities. • Attractive Rent Escalations: 10.5% rent increases every 5 years throughout the initial term and option periods. • New Construction: The newly constructed building is a prototype for Jiffy Lube’s expanded business model. While offering oil changes, Jiffy Lube will also provide services for tires, brakes and engine diagnostics to better suit its customers’ needs.
PROPERTY TAXES
Parcel Number | 282-150-33 | Improvements Assessment | £479,485 |
Land Assessment | £557,912 | Total Assessment | £1,037,397 |
PROPERTY TAXES
Listing ID: 13880885
Date on Market: 25/09/2018
Last Updated:
Address: 1864 Main St, Ramona, CA 92065
The Retail Property at 1864 Main St, Ramona, CA 92065 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.