Jiffy Lube

Jiffy Lube

$1,730,000
Single Tenant Retail
San Bernardino, CA
Cap Rate: 6.00%

This is a triple net property leased to a strong 34 unit franchisee of Jiffy Lube.  The property is located as a pad to a neighborhood center anchored by Ralphs grocery store and a brand new LA Fitness, and is conveniently located at the University Ave. exit off of I-215, on the way to Cal State San Bernardino.

  • Generated multiple offers and selected a cash buyer in a 1031 exchange
  • Aggressively marketed the property with a Pitch Video that brought significant interest to the property
  • Worked with Seller and Title company to resolve several title issues with the property due to recent construction and parcel realignment
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Mike Lin, CRE