Jiffy Lube

  • $1,749,000
2266 Street Rd - Bensalem, PA
For Sale

Jiffy Lube

2266 Street Rd - Bensalem, PA
  • $1,749,000

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 6.92% at List Price
  • Long-Term Historical Occupancy | Location has Operated as Jiffy Lube for Nearly 40 Years
  • Average Household Income within 3 and 5-Miles | $82,587 & $84,090 Per Year
  • Strategically Located Amongst Dense Retail and Residential Suburbs | Less than 1-Mile from Interstate-95 which runs directly through Philadelphia
  • Nearly 1-Mile from Parx Casino | State-of-the-Art Gaming with over 3,300 Slots, 188 Live Table Games, Sportsbook, Racetrack, and Live Entertainment

Broker of Record
Sean Beuche
(215) 531-7000
Lic #: RM424190

Details

  • Price: $1,749,000
  • Year Built: 1981/2018
  • Property Type: Single Tenant
  • Property Status: For Sale

Additional Details

  • Price/SF: $694.60
  • Cap Rate: 6.65%
  • Rentable Area: 2,518 SF
  • Lot Size: 0.49 AC
  • Parking Spaces: 12
  • Zoning : GC
  • APN/Parcel ID: 02-039-121; 02-039-123
  • Cross Streets: Street Rd & Knights Rd
  • Address 2266 Street Rd
  • City Bensalem
  • State/county Pennsylvania
  • Zip/Postal Code 19020

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