Auto Parts
Jiffy Lube | Audubon, NJ
55 N White Horse Pike, Audubon, NJ 08106
Listing Price: $1,000,000
Cap Rate
7.47%
Tenant Name
Jiffy Lube
Years Remaining On Lease
3.6
Guarantor
Private Guarantee
Rentable SF
1,866
Lease Type
Absolute Net
Rent Per Square Feet
$40.02
Investment Overview
Average Return over the Remaining Firm Term of the Lease is 7.69% at List Price
Jiffy Lube | Audubon, NJ
Investment Highlights
- +/-4 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 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 Managing Director / Market Leader
Listing Price: $1,000,000
Cap Rate
7.47%
Tenant Name
Jiffy Lube
Years Remaining On Lease
3.6
Guarantor
Private Guarantee
Rentable SF
1,866
Lease Type
Absolute Net
Rent Per Square Feet
$40.02
Investment Highlights
- +/-4 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 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 7.69% at List Price
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Managing Director / Market Leader
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