Jiffy Lube

    • $1,163,000
    1349 Blackwood Clementon Rd - Clementon, NJ
    For Sale Just Listed

    Jiffy Lube

    1349 Blackwood Clementon Rd - Clementon, NJ
    • $1,163,000

    Property Highlights

    • 7+ Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
    • Largest Jiffy Lube Operator in the Country | Formely known as Heartland Automotive 
    • Annual Increases of 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation
    • Average Return over the Remaining Term of the Lease is 6.91% 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 a total enrollment of 12,051 as of 2020

    Broker of Record
    Brian Hosey
    (201) 742-6100
    Lic #: 1434917

    Details

    • Price: $1,163,000
    • Year Built: 1988/2018
    • Property Type: Single Tenant
    • Property Status: For Sale

    Additional details

    • Price/SF: $528.64
    • Cap Rate: 6.41%
    • 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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