Jiffy Lube
- $1,000,000
Jiffy Lube
- $1,000,000
Property Highlights
- +/-4 Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
- Largest Jiffy Lube Operator in the Country | Formely 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 7.55% at List Price
- Long-Term Historical Occupancy | Location has Operated as Jiffy Lube for Nearly 30 years
- Average Household Income within 1 and 3-Miles | $91,828 & $89,287 Per Year
- Strategically Located Along Route 30 which connects Atlantic City to Philadelphia | Dense Retail and Residential Area
- Estimated Total Number of Households within 3-Miles was 56,140 in 2020
Details
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Price $1,000,000
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Year Built 1993/2018
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Property Type Single Tenant
Additional Details
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Price/SF $535.91
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Cap Rate 7.22%
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Rentable Area 1,866 SF
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Lot Size 0.35 AC
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Parking Spaces 8
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Zoning C
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APN/Parcel ID 01 00029-0000-00002
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Cross Streets N White Horse Pike & Cuthbert Blvd
Address
Open on Google Maps-
Address: 55 N White Horse Pike
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City: Audubon
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State/county: New Jersey
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Zip/Postal Code: 08106
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