Jiffy Lube

• 5+ Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
• Largest Jiffy Lube Operator in the Country | Formerly 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 6.65% 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

*Property can be sold together with: Jiffy Lube – 1349 Blackwood Clementon Rd

Broker of Record

John Horowitz
(718) 475-4300
Lic #: 2192359