About the Property
The subject property is at the northwest corner of Broadway Street (FM 518) and Cullen Boulevard in Pearland, on the south side of Houston. Pearland was recently ranked by Forbes as one of the fastest growing suburbs in the country with a population increase of over 60% from the years 2000 to 2006. Major retailers in the immediate area include: Kroger, CVS Drug, Exxon, McDonald’s, Subway, Pear Tree, Walgreens, Target, Wal-Mart and the US Postal Service.
Tenant
With more than 2,200 service centers in North America, Jiffy Lube® is the largest system of franchised and company-operated service centers in the fast lube industry, servicing approximately 27.5 million customers each year. Headquartered in Houston, Jiffy Lube® International is a wholly owned, indirect subsidiary of Shell Oil Company.
Jiffy Lube® pioneered the fast oil change industry in 1979 by establishing the first drive-through service bay, providing customers with fast and professional maintenance service for their vehicles. Jiffy Lube® was created to fill a gap left by the departure of full service gas stations and the emergence of the self-serve model. It also accommodated the shift from the do-it-yourself oil change market (DIY) to the installed motor oil market, or do-it-for-me (DIFM). Over the next two decades, more than half the growth in the installed market went to fast lubes.
For more than 25 years, Jiffy Lube® has been an integral part of the North American driving experience. With vehicles playing an ever-more important part of our daily lives, Jiffy Lube® is committed to support drivers with fast, quality preventive maintenance service to keep their vehicles running smoother for longer.
Detail Information
For more information about this property, please contact a Willis Ventures agent. You can also submit the following form to Willis Ventures and one of our agents will get in touch with you shortly.
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