Jiffy Lube Tenant Overview


January 25, 2024

Auto - Others

Tenant Description

Jiffy Lube®, a trailblazer in the automotive preventive maintenance industry, has revolutionized the concept of quick oil changes since its inception over 35 years ago. It has grown into a trusted brand, with over 20 million annual customers relying on its services. Operating more than 2,000 franchisee-owned centers throughout the United States, Jiffy Lube demonstrates considerable market influence and scale.

The company offers a broad spectrum of services, including oil changes, tire rotations, and various preventive maintenance tasks. This range highlights Jiffy Lube's commitment to comprehensive vehicle care. Further cementing its dedication to quality, Jiffy Lube University℠, an accredited ASE training provider, ensures high-standard services across all centers.

Embracing technology, Jiffy Lube utilizes a nationwide database to maintain service records, promoting consistency and quality. This approach not only enhances the customer experience but also underscores the brand's commitment to convenience and reliability, regardless of the customer's location.

Jiffy Lube's strategic growth plan involves a significant increase in store openings, showcasing an aggressive expansion strategy. This approach not only broadens their market reach but also signifies adaptability to evolving consumer demands and industry trends.

Financially robust, drawing over 20 million customers annually, Jiffy Lube stands as an attractive tenant with a stable business model. While market volatility and competitive pressures pose potential risks, the company's brand strength, commitment to quality, and adaptability highlight its appeal as a tenant in the dynamic automotive maintenance sector.

Average Asking Cap Rate


3 mo avg (380 properties)

Typical Investment/Lease

Average Sale Price




$/Square Foot

$750 - $1,200

Building SF


Approx. Store Count


Lease Term

15 years


10% every five years

Stock Symbol


Credit Quality



Average Asking Cap Rate Trend





Reflect only properties with long-term lease.

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