Jiffy Lube Portfolio of 5 Properties in GA & SC 11708 Abercorn St, Savannah, Georgia, 31419

Marcus & Millichap is pleased to present a five (5) property portfolio of Jiffy Lubes for sale in Georgia and South Carolina.

Subject investments are all located in the Savannah, Georgia and Hilton Head South Carolina markets.

They are all NNN leased investments where the landlord will have no responsibilities. A 15-year lease commenced on July 2012 and there are a little over 14 years remaining on the leases.

The rents increases by 2.5 percent every year all the way through base an option periods.

The investment's has an initial Cap Rate of 7.63 percent.

The lease is guaranteed by Heartland Automotive Services, Inc. ("Heartland" dba Jiffy Lube®) is the largest Jiffy Lube franchisee and the largest independent quick lube operator in the United States. Heartland Automotive Services, Inc. operates over 540 Jiffy Lube locations from coast to coast and serves nearly five million guests each year.

Investment Highlights

 Five (5) Jiffy Lube Portfolio Leased to the Largest System Franchisee

 Brand New 15-year Leases with two 10-Year Options

 2.5 Percent Rental Increases Every Year Throughout the Base Term and the Options Periods

 NNN Leases- No Landlord Responsibilities

 Leases Guaranteed by the Largest Jiffy Lube Franchisee with 540 Locations

 Cash-on Cash Return of Over Nine Percent and 15 Percent Overall Return

 May Qualify for 15-Year Rapid Depreciation

Subject investments are all located in the Savannah, Georgia and Hilton Head South Carolina markets.

All properties located in major retail areas of their respective locations.