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

Listing courtesy of RE/MAX Fine Properties.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-09-21 09:02 PM UTC