Jiffy Lube

    • $1,035,000
    2100 Marlton Pike East - Cherry Hill, NJ
    For Sale Just Listed

    Jiffy Lube

    2100 Marlton Pike East - Cherry Hill, NJ
    • $1,035,000

    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 38 Years
    • Average Household Income within 1 and 3-Miles | $124,453 & $102,491 Per Year
    • Strategically Located Amongst Dense Retail and Residential Areas | Positioned near other National Brand Tenants such as Walmart, HomeGoods, McDonald’s, and Chick-fil-a
    • Easily Accessible to Interstate-295 and New Jersey Turnpike | Both Major Throuroghfares Providing Entryway to Various Localities in New Jersey, Delaware, Pennsylvania, and New York 

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

    Details

    • Price: $1,035,000
    • Year Built: 1988/2018
    • Property Type: Single Tenant
    • Property Status: For Sale

    Additional details

    • Price/SF: $604.56
    • Cap Rate: 6.72%
    • Rentable Area: 1,712 SF
    • Lot Size: 0.63 AC
    • Parking Spaces: 8
    • Zoning : B2
    • APN/Parcel ID: 09 00470- 10-00015
    • Cross Streets: Marlton Pike East & Hwy 73
    • Address 2100 Marlton Pike East
    • City Cherry Hill
    • State/county New Jersey
    • Zip/Postal Code 08003

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