Jiffy Lube Absolute NNN
For Sale
Contact for pricing
Pending
2940 Bowers Ave, Santa Clara, CA 95051
Corporate lease guarantee, annual escalations, and no landlord obligations support a straightforward ownership structure.
Property SizeContact for details
Days on Market142
Property Features for 2940 Bowers Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(415) 231-5231
Listed By:
Jeff Gates · License #CA 01768554
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property is occupied by Jiffy Lube under an absolute NNN lease with 2.5% annual bumps. Jiffy Lube International, Inc. provides the corporate guarantee, and the lease carries zero landlord obligations. The operator has maintained this location for over 30-years.
Located at 2940 Bowers Ave in Santa Clara, California, the site fronts a major commercial thoroughfare carrying over 34,000 VPD. The property is adjacent to a 7.9-acre parcel under development by Sobrato Real Estate, planned for 300,000 Sq. Ft. of office space. The surrounding development and established automotive operation provide clear context for the asset.
Located at 2940 Bowers Ave in Santa Clara, California, the site fronts a major commercial thoroughfare carrying over 34,000 VPD. The property is adjacent to a 7.9-acre parcel under development by Sobrato Real Estate, planned for 300,000 Sq. Ft. of office space. The surrounding development and established automotive operation provide clear context for the asset.
Key Highlights
- Absolute NNN lease with 2.5% annual bumps
- Corporate guarantee from Jiffy Lube International, Inc.
- Zero landlord obligations under the lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
Explore this area
Business Placement
Demographics for 95051, CA
61,466
Population
25,152
Households
2.4
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
9,313
Density / Sq Mi
$185,632
Median Household Income
$107,905
Median Earnings
$3,054
Median Rent
$1,623,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate lease guarantee, annual escalations, and no landlord obligations support a straightforward ownership structure.
Where is this nnn property located?
The property is located at 2940 Bowers Ave Santa Clara, CA.
What are key features of this property?
This property features: Absolute NNN lease with 2.5% annual bumps; Corporate guarantee from Jiffy Lube International, Inc.; Zero landlord obligations under the lease
