Jiffy Lube
  • $925,000

Property Highlights

  • 4+ Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
  • Largest Jiffy Lube Operator in the Country | Formerly known as Heartland Automotive
  • Annual Increases at the Greater of CPI or 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation
  • Average Return over the Remaining Firm Term of the Lease is 9.10% at List Price
  • Long-Term Historical Occupancy | Location has Operated as a Jiffy Lube for Nearly 30 Years
  • Average Household Income within 3 and 5-Miles | $88,416 & $96,755 Per Year
  • Strategically Located Amongst Dense Retail and Residential Areas | Less  than 1-Mile from Route 42 which connects Atlantic City to Philadelphia
  • Blackwood is home to the main campus of Camden County College with total enrollment of 12,051 as of 2020

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Details

  • Price $925,000
  • Year Built 1993/2016
  • Property Type Single Tenant

Additional Details

  • Price/SF $420.45
  • Cap Rate 9.81%
  • Rentable Area 2,200 SF
  • Lot Size 1.29 AC
  • Parking Spaces 12
  • Zoning GB
  • APN/Parcel ID 15 20303-0000-00003
  • Cross Streets Blackwood Clementon Rd & Little Gloucester Rd
  • Address: 1349 Blackwood Clementon Rd
  • City: Clementon
  • State/county: New Jersey
  • Zip/Postal Code: 08021

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