Jiffy Lube

  • $1,090,000
55 N White Horse Pike - Audubon, NJ
For Sale
55 N White Horse Pike - Audubon, NJ
  • $1,090,000

Property Highlights

  • 6.5+ 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 6.65% 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

Broker of Record

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

Details

  • Price: $1,090,000
  • Year Built: 1996/2018
  • Property Type: Single Tenant
  • Property Status: For Sale

Additional Details

  • Price/SF: $584.14
  • Cap Rate: 6.00%
  • Rentable Area: 1,866 SF
  • Lot Size: 0.35 AC
  • Parking Spaces: 8
  • Zoning : C
  • APN/Parcel ID: 01 00029-0000-00002
  • Cross Streets: N White Horse Pike & Cuthbert Blvd
  • Address 55 N White Horse Pike
  • City Audubon
  • State/county New Jersey
  • Zip/Postal Code 08106

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