Jiffy Lube

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

    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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