Auto Service - Gas-Conv
Jiffy Lube
4423 Hard Scrabble Rd, Columbia, SC 29229
Listing Price: $1,090,000
Cap Rate
6.90%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.9
Gross SF
2,292
Guarantor
Franchisee Guarantee
Rentable SF
2,292
Price/Gross SF
$475.57
Lease Type
Absolute Net
Rent Per Square Feet
$32.90
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Jiffy Lube in Columbia, SC.
Jiffy Lube
Investment Highlights
- 4.75+ Years Remaining on Absolute Triple-Net Lease with Two-Five Year Options Remaining
- 15 Years of Operating History - Tenant has Exercised Three Options Proving their Commitment to the Site
- Operated by Regional Franchisee - Cisa Lubes SC, a Wholly Owned Subsidiary of Cisa Lubes USA - 19 Locations throughout North and South Carolina
- Direct Frontage to Hardscrabble Road - 23,700+ VPD
- Strong Surrounding Demographics - $90k+ AHHI and 7.84% Projected Population Growth within a Three Mile Radius
Exclusively Listed By
Broker of Record
Listing Price: $1,090,000
Cap Rate
6.90%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.9
Gross SF
2,292
Guarantor
Franchisee Guarantee
Rentable SF
2,292
Price/Gross SF
$475.57
Lease Type
Absolute Net
Rent Per Square Feet
$32.90
Investment Highlights
- 4.75+ Years Remaining on Absolute Triple-Net Lease with Two-Five Year Options Remaining
- 15 Years of Operating History - Tenant has Exercised Three Options Proving their Commitment to the Site
- Operated by Regional Franchisee - Cisa Lubes SC, a Wholly Owned Subsidiary of Cisa Lubes USA - 19 Locations throughout North and South Carolina
- Direct Frontage to Hardscrabble Road - 23,700+ VPD
- Strong Surrounding Demographics - $90k+ AHHI and 7.84% Projected Population Growth within a Three Mile Radius
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Jiffy Lube in Columbia, SC.
Exclusively Listed By
Broker of Record
