Auto Service - Gas-Conv
Jiffy Lube
55 N White Horse Pike, Audubon, NJ 08106
Listing Price: $1,090,000
Cap Rate
6.37%
Tenant Name
Jiffy Lube
Years Remaining On Lease
5.6
Guarantor
Private Guarantee
Rentable SF
1,866
Lease Type
Absolute Net
Rent Per Square Feet
$37.24
Investment Overview
Average Return over the Remaining Firm Term of the Lease is 6.65% at List Price
Jiffy Lube
Investment Highlights
- 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
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Listing Price: $1,090,000
Cap Rate
6.37%
Tenant Name
Jiffy Lube
Years Remaining On Lease
5.6
Guarantor
Private Guarantee
Rentable SF
1,866
Lease Type
Absolute Net
Rent Per Square Feet
$37.24
Investment Highlights
- 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
Investment Overview
Average Return over the Remaining Firm Term of the Lease is 6.65% at List Price
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
