1040 W Rancho Vista Blvd, Palmdale, CA, 93551

1040 W Rancho Vista Blvd Palmdale, CA 93551

1040 W Rancho Vista Blvd, Palmdale, CA, 93551
1040 W Rancho Vista Blvd, Palmdale, CA, 93551 1040 W Rancho Vista Blvd, Palmdale, CA, 93551 1040 W Rancho Vista Blvd, Palmdale, CA, 93551
FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 13, 2023

Highlights

  • Jiffy Lube is a well-known chain of automotive service centers that specializes in quick oil changes and other basic vehicle maintenance services and was founded in 1971. Jiffy Lube quickly adopted a franchise business model, allowing entrepreneurs to open and operate their own Jiffy Lube service centers. This contributed to the rapid expansion of the brand across the United States. The 1980s marked a period of significant growth for Jiffy Lube. The company expanded its range of services beyond oil changes to include various preventive maintenance services. Jiffy Lube operates as a subsidiary of Shell Oil Company, which acquired Pennzoil-Quaker State Company in 2002. Shell Oil is part of the Royal Dutch Shell group. While Jiffy Lube is best known for its oil change services, it also offers other preventive maintenance services such as air filter replacement, brake fluid exchange, transmission services, and more. Jiffy Lube has become a widely recognized and trusted brand in the automotive service industry, known for its quick and convenient maintenance services. The chain continues to evolve to meet the changing needs of vehicle owners while maintaining a focus on preventive care.

Description

A Prime Investment Opportunity to secure a long-term tenant. Invest with confidence knowing that your property is leased to a reputable national tenant with a proven track record. Benefit from a stable and predictable income stream, backed by the financial strength of a well-established business. This investment gem is strategically located in a high-traffic area, ensuring maximum visibility and exposure. Take advantage of the tenant's commitment to the location, contributing to the long-term success and stability of your investment. Do not miss this opportunity to enjoy the benefits of a hands-free investment where the tenant takes care of structure and maintenance, allowing you to sit back and watch your returns grow!

Offering Memorandum Available Upon Request.

W. Rancho Vista Blvd & 10th St. W.


Year Built: 2000
Building Size: 2686sq ft
Building Class: A
Lot Size: 22051.0 acres

Map of 1040 W Rancho Vista Blvd, Palmdale, CA, 93551

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.