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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.

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

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Auto Service - Gas-Conv

Jiffy Lube

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

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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