About 1645 N 51st Avenue
ABSOLUTE NNN - JIFFY LUBE, a single-tenant leased property strategically located at 1645 North 51st Avenue in Phoenix, Arizona. This absolute NNN investment offers a rare opportunity to acquire a zero-management asset with long-term, contractually escalating income. This is a long-standing tenant operating at the location since 2008. Tenant covers all building and property maintenance, including roof, structure, taxes, parking, etc. ±1,936 SF freestanding automotive service building on ±0.38 acres.
Excellent Visibility on North 51st Avenue, just north of West McDowell Road.
33,435 Vehicles Per Day along N. 51st Avenue adjacent to the property, providing exceptional exposure for a high-volume automotive corridor.
Strong automotive oriented location surrounded by complementary automotive, retail, residential and industrial uses, supporting consistent customer demand.
157,552 Residents live within a 3-mile radius, creating a dense and established customer base.
Minutes from Interstate 10, offering convenient regional access throughout the Phoenix Metro.
Located in a mature infill trade area surrounded by national retailers, industrial employment, and dense residential neighborhoods.
Single Tenant, Absolute NNN Leased Investment Opportunity - Jiffy Lube
Extremely Profitable Location for Operator
4.5 Years Remaining on current term with 2-5 Yr Options
Proven Retail Location - In Operation at this Location Since 2008
Attractive 5% Rental Increases in 2028 and Each Option Period
Corporate Owned
